Sentences with phrase «of the insured property»

Combined with commercial property, it totals 54 % of all insured properties in the state.
The annual cost of insuring a property in Jersey City averages $ 1,490 — 17 % above the state mean, putting it on the higher end of home insurance costs.
The cost of insuring a property in Nashville averages $ 1,407 — 18 % below the state mean.
These synthetic hurricanes damage a portfolio of insured property according to an aggregate wind - damage function; damage from flooding is not considered here.
In Ontario, this deadline would usually be two years after the date of the insurer's denial, although under certain property policies, the deadline is one year after the loss or damage of the insured property.
all costs rendered necessary by defects of material workmanship, design, plan, or specification, and should damage occur to any portion of the Insured Property containing any of the said defects the cost of replacement or rectification which is hereby excluded is that cost which would have been incurred if replacement or rectification of the Insured Property had been put in hand immediately prior to the said damage.For the purpose of this policy and not merely this exclusion it is understood and agreed that any portion of the Insured Property shall not be regarded as damaged solely by virtue of the existence of any defect of material workmanship, design, plan or specification.
The Appeals Court approved the trial judge's analysis and dismissal of all of the insured's claims, premised on his observation that as used in Massachusetts standard fire insurance policies and G.L. c. 175, § 99, the term «actual cash value» did not import a single standard for determining the value of insured property.
The cost of insuring a property in Madison for one year averaged $ 1,299 — 7 % below the Wisconsin mean.
Insurance to Value - Amount of insurance purchased vs. the actual replacement cost of the insured property expressed as a ratio.
The annual cost of insuring a property in Jersey City averages $ 1,490 — 17 % above the state mean, putting it on the higher end of home insurance costs.
In the event of any accident, loss or damage of the insured property and the damage or loss falls under any of the plans benefit schedule, the plan holder should inform TATA AIG on urgent basis and further lodge the claim as per plan details.
The cost of insuring a property in Nashville averages $ 1,407 — 18 % below the state mean.
If you elect this coverage, you must submit a statement of insured property values to your insurer before your policy begins.
The statement represents an agreement between you and your insurer that the values you have listed are the actual values of the insured property.
Financial losses caused by business interruption or loss of use of insured property are also not covered.
This amount is expressed as a percentage of the value of your insured property.
Under insurance: If actual value of insured property at the time of loss under fire benefit is greater than the sum insured opted then the claim is reduced in the same proportion.
Undergoing any heating or drying procedure.And Burning of the insured property by order of any Public Authority.
Whether you rent a house, condominium or loft in the Omaha area, you need a way of insuring your property against the perils that could easily destroy your accumulated wealth.
As one of the main factors in determining home insurance rates, Oklahoma's generally affordable real estate prices just don't seem to fit with the high cost of insuring these properties.
You may be able to save money and simplify the administrative aspects of insuring your property by using this strategy.
Instead of insuring your property the way car or home insurance does, personal liability coverage insures you and your actions directly related to you.
What that means is that the part of the insured property which belongs to you is protected against partial or total loss, and that you are protected against people who are injured on the property as a result of flaws or failures on the property, such as tripping over a brick in the sidewalk, or being electrocuted by faulty wiring.
Digitally mapped the interior and exterior of insured properties including aerial dimensioning
However, if you're looking at a coastal property, which constitutes about 34 % of all insured properties in New Jersey, you'll need to add flood insurance on top of your normal homeowners insurance.
In 2013, only about 9 % of all insured property in North Carolina was located in a coastal area, but the total insured value was worth $ 163.5 billion, according to the Insurance Information Institute.
Many insurers require one, depending on the location of the insured property.

Not exact matches

The federal government is also adding restrictions on when it will insure low - ratio mortgages, stipulating that such loans must have an amortization period of less than 25 years and that the property must be owner - occupied, among other criteria.
The fires have put property worth billions of dollars at risk in California, where wildfires in the northern part of the state in October resulted in insured losses of more than $ 9 billion.
You may insure those items for Replacement Cost or for Actual Cash Value, which pays only for the depreciated value of the property.
If you lease some of the equipment at your business, the leasing company may require that you insure the property at replacement value.
Fairfax subsidiaries provide a full range of property and casualty products, maintaining a diversified portfolio of risks across all classes of business, geographic regions, and types of insureds.
Unlike other states, Kansas's cost of renters insurance does not deviate far from the average rate to insure the sample property in the state - the cheapest city is only 2.4 % cheaper.
To qualify for the program, applicants must be first - time property buyers, citizens or permanent residents of BC, and be able to obtain a high - ratio insured mortgage.
Although buyers are protected from taxes for years prior to their year of purchase, buyers may insure a tax increase for the current and subsequent tax years if the assessors discover omitted property.
Statewide, Florida property owners filed 924,439 claims related to Hurricane Irma, with estimated insured losses of $ 8.6 billion, state records show.
Many of the dollar values are drawn from insured properties, which represent only a fraction of the devastation.
All of the top five cheapest places to insure our sample property in the state of Arkansas are located in the northwest corner of the state.
According to the Insurance Information Institute (III), in 2012 Massachusetts had an estimated $ 393.6 billion of insured residential coastal property vulnerable to hurricanes.
According to the Florida Citizens Property Insurance Corporation, QBE's insured value exposure to commercial residential property in Florida is $ 17 billion, around 10 per cent market share of thiProperty Insurance Corporation, QBE's insured value exposure to commercial residential property in Florida is $ 17 billion, around 10 per cent market share of thiproperty in Florida is $ 17 billion, around 10 per cent market share of this class.
Insuring your health, life, and property more efficiently is one of the benefits of capitalism.
Such a view would not be quite so absurd as might at first appear: the divine temporal evaluations would seem to be no more arbitrary than those of the constitution of the primordial nature in Whitehead's view; and the divine subjective aim toward the maximum of value intensity, together with the property of everlastingness and the Categoreal Obligations (constituted by the primordial nature) of Subjective Unity and Subjective Harmony, would seem sufficient to insure the mutual coherence of the growing series of divine temporal evaluations.
Ojo de Agua really means «the eye of the water,» and this water has exactly the right proportion of calcium, magnesium and, I am positive, even some radioactive properties, to insure the breeding of sound horses.»
For the protection of members and all those involved in the management of registered and insured cycling events, British Cycling provides through its public liability insurance policy, an indemnity, limited to # 15 million (3) for legal liabilities arising from claims made against an event organiser, official or participant1 that involves either bodily injury or property damage to a third party.
The homeowner relief from Bank of America will target low - income communities where many residents have mortgages insured by the Federal Housing Administration, and includes plans to turn over vacant foreclosed properties to land banks and municipalities, and to chip in toward their repair or demolition.
«The shrinking base of privately insured New Yorkers now pay in HCRA taxes more than the state collects from its tobacco tax, gas tax, alcoholic beverage tax, container tax, auto rental tax, real property gains tax and pari - mutual taxes — combined,» the report said.
That is why I have introduced a resolution calling for the county's Director of Real Property Tax Services to lead a task force of local assessors and other officials to insure that county taxpayers are receiving all the benefits for which they qualify.
The «zombie» property had been of great concern to neighbors as it sat vacant and deteriorating and was donated to the Land Bank by JPMorgan Chase in 2015, along with financial remuneration to insure that Village taxes on the property were current through 2015.
If the Land Bank can't afford to demolish the property, leaders don't want to be saddled with the costs of insuring and maintaining a decrepit building.
«Property owners need to be aware of the importance of maintaining their properties and insuring that only certified renovators, properly trained in lead safe work practices, complete work and repairs when necessary.»
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