Loss of Use Claim Documentation for Renters
A renters loss-of-use claim is easier to evaluate when the tenant documents why the unit is uninhabitable, the covered cause of loss, normal living…
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Editorial articles, practical insurance explainers, and updates from the PolicyRoutes research desk.
Pet Liability in Renters Insurance
Renters liability coverage can respond when a policyholder is legally responsible for injury or property damage caused by a pet, but animal exclusions, breed…
Read →Renters Insurance and Earthquake Damage
Earthquake damage is generally excluded from a standard renters policy, but separate earthquake insurance or an endorsement may be available to protect personal property…
Read →Renters Insurance and Flood Damage
Standard renters insurance generally does not cover flood damage from rising surface water; renters can buy separate flood coverage for belongings through the NFIP…
Read →Home Insurance Claim Appraisal and Dispute Process
Appraisal is a policy-based process used in many property claims to resolve disputes about the amount of loss; it generally does not decide whether…
Read →Recoverable Depreciation in a Home Insurance Claim
Recoverable depreciation is the portion of depreciation an insurer may initially withhold from a replacement-cost claim and later pay after qualifying repair or replacement…
Read →Service Line Coverage Explained
Service line coverage is an optional homeowners endorsement that can address qualifying physical damage to exterior underground utility lines a homeowner is responsible for,…
Read →Equipment Breakdown Coverage Explained
Equipment breakdown is usually an optional homeowners endorsement aimed at sudden electrical, mechanical or pressure-system breakdowns that a standard property policy may not treat…
Read →HO-3 vs. HO-5 Homeowners Policies
HO-3 and HO-5 labels describe policy-form structures, but the practical comparison is which property is covered on an open-perils basis, which exclusions remain, and…
Read →Homeowners Insurance Deductibles: Flat, Percentage, Wind and Hail
A homeowners deductible can be a fixed dollar amount or a percentage of an insured value, and wind, hail, named-storm or hurricane losses can…
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