minimize personal property coverage on homeowners insurance

user3489590Oct 27, 2018

This month, my homeowners insurance is due for renewal. I noticed that the personal property coverage is beyond $100k, which exceeds my needs by at least two orders of...

Actual Cash Value (ACV) of a remodeled mobile home

maplemaleOct 27, 2018

I have an investment mobile home manufactured in 1972. Last month a contractor was removing trees and landed a big one on my mobile home, cutting it in half and totaling...

What's the reason I can't have insurance with more than one company?

UlkomaOct 27, 2018

Excuse my pure ignorance on this matter, I barely understand the basics of any insurance. When I first moved to the UK years ago I have been told that I can’t have...

Should I Purchase Health Insurance Through My S-Corp

Phil SandlerOct 27, 2018

I currently have an S-Corp, of which I am the only employee. As of this year, I started purchasing my own health insurance through healthcare.gov. In previous years, my...

Contribution Principle for Insurance

ComputernerdOct 27, 2018

I was reading up on Contribution Principle of Insurance when I came across the following example used to explain the concept In the homeowner example, if the owner...

Do you need to have insurance on an unused car?

user36537Oct 27, 2018

I’m buying a car and garaging it until I can fix it. Do I need to have insurance on it to be able to register it (so I won’t get fined for not registering...

At what damage amount should I pursue a homeowner's insurance claim?

user662852Oct 27, 2018

We have a recently built house (2008). This past year, a roof leak materialized. I am out of pocket $3250 for several contractor visits that tore out interior drywall,...

I am thinking about cancelling my car insurance. Will there be any hidden costs down the road?

Kevin LambOct 27, 2018

I own my car outright and just moved to a large city. Public transportation and access to a roommate’s car makes transportation easy. I am thinking about storing...

What is Loss Assessment Coverage?

morpheusOct 27, 2018

I am buying a condo and looking for condo unitowners insurance (HO6 policy). What is Loss Assessment coverage? Can I use it to pay any special assessments imposed by HOA...

What happens if a person with life insurance goes missing and is found many years later?

sharptoothOct 27, 2018

Suppose a person has life insurance and goes missing while the policy is valid. His body is not found, noone saw anything which would be an evidence of the person death....