Assessed values for personal property are determined using thecost approach. This appraisal method is based on the principle of substitution - a purchaser will not pay more for property than the cost of a replacement of equal utility. To apply the cost approach, the assessor reviews ...
There are even more restrictions. Personal Injury Protection does not provide coverage forloss of wages. Therefore, if you are injured to the point that you cannot go to work, or you lose valuable time by having to go to the doctor, you would have to figure out another way to cover thos...
Scheduled personal property is a supplemental insurance policy that extends coverage beyond the standard protection provided in ahomeowners' insurancepolicy. By purchasing a scheduled personal property policy, owners can ensure full coverage of expensive items, such as jewelry, in the event of a claim....
And while your basic renters or homeowners insurance policy does offer protection for valuables like jewelry against perils like theft, there’s some fine print. Your base policy would only cover jewelry theft up to $1,500 (in insurance speak, we ca...
Personal property insurance compensates you financially for belongings covered by your policy.Personal liability insuranceprovides coverage if you are found liable for harm to another person while they are on your property. What's the Difference Between Replacement Cost and Actual Cash Value?
aThe amount of recovery for property damage may be established by evidence of replacement value,cost of repairs,loss of use until repaired or replaced,or, in the case of heirlooms or very personal items by subjective testimony as to sentimental value 相当数量补救为财产损害也许由更换后新价建立,...
Collision Coverage (Protection Against Loss to the Auto) Page 2 Comprehensive Coverage (Protection Against Loss to the Auto) Page 1 Comprehensive Coverage (Protection Against Loss to the Auto) Page 2 Under or Uninsured Motorist Property Damage (UMPD) Page 1 ...
(per occurrence/aggregate) SECTIONI–PERSONALPROPERTY •UnscheduledPersonalPropertyw/ReplacementCost(deductible$100or$250/occur.)$5,000 SECTIONII–PERSONALLIABILTY •ComprehensivePersonalLiability(nodeductible)$200,000 •MedicalPayments$5,000 SECTIONIII–PERSONALEXTENDEDPROTECTION(onlybenefitsshownbelow) •...
scheduled, and a current inventory maintained, to allow full recovery. Our services for the management of valuable articles include arrangement of appraisals, and video or digital camera recordkeeping of all your property. You can choose to receive cash rather than have property replaced, following ...
Unfortunately, the casual, laid-back attitude of local business owners that attracts visitors can also lead them tounmitigated property hazards. Cocoa Beach has a population of over 11,000, and more than a third of Cocoa Beach’s residents are over 65. Thus, they are at an age when decline...