In that case, if your basement floods, your insurance policy will likely help with the repair costs. For these repairs to be covered, you’ll likely need to meet a few criteria. You’ll need to have been living in the home when the damage occurred (it’s fine if you were out ...
While it’s typically optional, this coverage can cover medical expenses or car repairs that the other party’s insurance should have covered. Comprehensive coverage: This type of insurance is designed to protect your vehicle from non-collision events, such as theft, vandalism or natural disasters...
Car insurance covers repairs or replacement for damaged windshields, but depending on the damage it may be best to pay to repair the windshield yourself.
When it comes to tree damage, comprehensive auto insurance is the primary policy that covers repairs or replacement of your vehicle if a tree falls on it. This coverage extends to a variety of other scenarios, including damages caused by hail, vandalism, theft, and more. Under a comprehensive...
freezing of plumbing or an object falling on the sewer line, for example, you may have a valid claim for repair of the structural damage if your policy covers freezing and falling objects. Your policy does not cover sewer line repairs if the cause of the damage is age or lack of ...
Once the insurance company verifies your coverage and the extent of the damage, it will send a payout that you can use to make repairs or replace lost items. Any deductibles that apply will be subtracted from your claim payout. » MORE:How to get money if you don’t have flood insura...
Homeowners insurance can help with sudden damage from incidents such as fires or storms, but it won't cover all problems that could affect your home. When you have a claim, you'll pay a deductible first — then your insurance covers the rest, up to your policy's limits. Here's what ...
insurance will only cover damages due to accidents you cause. If damages are caused by an accident due to another driver's fault, the cost of repairs will be covered by that driver's insurance policy. In general, financing and leasing companies require their customers to have collision in...
in a car accident. Between car repairs, hospital bills and lost wages, the owner of the other car is awarded $600,000 in damages. Your auto liability policy maxes out at $300,000, which means you have to come up with the other $300,000. An umbrella policy would help cover that. ...
Auto insurance typically only covers permanently installed items. Personal belongings are likely covered by home or renters insurance. Evaluate deductibles vs. costs Compare replacement costs of stolen items and vehicle repairs against your deductibles. If costs are close to or lower than your deductible...