Questions tagged [home-insurance]
The home-insurance tag has no usage guidance.
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Why does the landlord insurance not cover damage due to an "ongoing water leak"?
I have a property where the tenant has been living for few months. Few months ago, he noticed some water on the groundfloor laundry room, where water heater is also located. He cleaned it and ignored ...
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How do insurance policies with separate underwriters(?) work?
I have a condo insurance policy with GEICO that is separately underwritten (not sure of the precise term) by Travelers. If I want to get basically the same policy underwritten by Travelers, but not ...
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Cost of an Umbrella Policy
About me, I am single and I own a car. I also own a home. I live in New Jersey.
I recently got a quote on a 5 million dollar umbrella policy and a quote on a 10 million dollar umbrella policy for my ...
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If property is a rental, does *only* landlord insurance cover me?
Sort of unsure if this should be in law stack or here...
I have seen online that landlord insurance is decidedly different from standard home owners insurance. If my property is a tenant-occupied ...
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Does PMI removal effect homeowners insurance?
Imagine a homeowner has a loan of $500k. The loan also has a PMI of about 150$. But the home value increases. The homeowner calls the bank to get the PMI removed. The appraised value comes out to 650k....
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Why does our home insurer want to know details of a previous policy with another insurer?
Our house has some external 'staircase' cracks, and is likely affected by subsidence. We have got in touch with our insurance company about this, and they have started the process of investigating the ...
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What happens to your Costco home insurance if your Costco membership lapse?
If you bought a home insurance through costco but then you don't renew your costco membership, what will happen to your home insurance? Does the insurance premium go up?
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Homeowner's insurance and alleged business misconduct
In the US homeowner's insurance usually also covers liability for unintentional acts, such as knocking over a vase in someone else's home. Suppose someone is accused of an act that would be a business ...
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Can a homeowners insurance demand that I perform specific maintenance at my home?
Our insurance company sent someone out to take photos of our home. They then sent us a letter stating we must fix cracked windows and remove any foliage that is near or hangs over house and out-...
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Mortgage escrow and insurance premium refund
I live in Florida. Two months ago my mortgage company sent payment (almost $5K) to my previous home insurance for auto-renewal. I found another insurance company to cover my home for far less and ...
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Can an executor to a will renew insurance policies of the deceased person?
A mother, with a relatively high net worth, dies while owning a home. While she was alive, she had home owners insurance and a personal umbrella policy. While the estate is being settled, her son ...
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Home insurance roofing scam?
I feel so dumb in hindsight. A roofing company approached me in my neighborhood while I was out walking my dog. They said that they had been called by one of my neighbors to give an estimate on roof ...
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Can unpermitted work cause an unrelated insurance claim to be denied?
For example, if I install a deck on my property without a permit and then a hurricane rips my roof off, could the claim get denied?
Or if I install drywall in my garage and turn it into living space ...
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What happens to prepaid HOA fees when HOA goes under?
I have been considering paying HOA fees in advance and lowering my my emergency fund.
Is this good or bad? My idea is that if I can make mortgage and HOA fees 6 months in advance, I would say that my ...
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If a home has increased in value, why would an essential component of the home depreciate?
My parents bought a new home a few decades ago, and since then the value of the home has increased significantly.
They just told me there is some damage to the roof (which is the original roof) and ...
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