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Explaining Deductibles After Multiple Florida Hurricanes

Insurance Journal

Deductibles serve several purposes. They make insureds less likely to file smaller claims because either damage falls within the deductible, or is so close to it that the policyholder would rather not … They provide some premium relief for the insured.

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What Is A Home Insurance Deductible?

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? Learn everything you need to know about your home insurance deductible, their options, and how they work! Well, here’s the thing: Figuring out how your homeowners insurance deductible works isn’t complicated and it almost works like any other deductible. Agents not required.

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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss. Actual Cash Value v. 2d 684, 690 (Fla. 2d DCA 2008).

Damage 130
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Why Museums Should Buy a Stand-Alone Fine Art & Collectibles Policy

Distinguished

While adding these items to a property or package policy might seem convenient, museums face unique exposures that such generalized policies often fail to address. A stand-alone Fine Art & Collectibles insurance policy is designed to provide museums with comprehensive coverage of the items and their vulnerabilities.

Policy 52
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Court Finds Policy Term, “Windstorm,” to be Ambiguous in Coverage Dispute Involving Tornado

The Property Insurance Law Observer

29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. The Windstorm or Hail deductible does not apply to coverage under 7. —Dallas Jan. Loss of Use.

Policy 130
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Best Homeowners Insurance In Maryland To Cover Your Home

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? So whether youre just starting your search or you already have a policy and are looking for a better deal, keep reading for the best information on homeowners insurance in Maryland. If you have a $1,000 deductible, you will need to pay the first $1,000 of any covered claim yourself.

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Best Homeowners Insurance In Illinois To Cover Your Home

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? So whether youre just starting your search or you already have a policy and are looking for a better deal, keep reading for the best information on homeowners insurance in Illinois. If you have a $1,000 deductible, you will need to pay the first $1,000 of any covered claim yourself.