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Does all general liability insurance cover damage at depreciated value?
General liability insurance does not provide property coverage, except for 3rd party claims alleging property damage due to the insureds' negligence.
Can someone else buy insurance for a lease car?
Yes but you would need to have the lessor and the lessee as additional insureds on the policy.
What is a Additional named insured?
Individual added to a life insurance policy other than the insured named in the policy. For example, an insured father can have a dependent son and daughter added to the policy as additional insureds. In many instances, adding an additional insured to an existing policy is less expensive than purchasing a separate policy for that insured. In property and liability insurance: another person, firm, or other entity enjoying the same protection as the named insured.
Does homeowners insurance cover root damage to insureds plumbing?
No
What kind of policy issues certificates of insurance to insureds?
group insurace
What type of insurance do you need for a small carpentry business?
Contractors Liability Insurance would protect against damage and injuries that you may cause. Many companies that you do a job for would request an additional insured endorsement which may cost you an extra $100 per endorsement. Blanket additional insured endorsements cost about 3 to 4 times that, and make sense when you are adding more than 4 additional insureds to your policy. Other coverage that you might want to consider are: Business Personal Property, Loss of Income, Workers Compensation and Commercial Vehicle Coverage.
Why can't you name and additional insured on Workers Compensation?
Because this form is designed for general liability policies because the insurer is obligated to defend and indemnify that additional insured in accordance with the policy terms and conditions. Generally, the insurer remains obligated to fulfill its obligations under the policy even if the additional insured's negligence is the sole cause of the liability for which damages are being sought. Insurers, however, always try to limit their exposure as to additional insureds and the intent is not to cover other company's employees. Coverage for those employees should be provided by their employer and most General Liability specifically exlude coverage for employees.
Where do I findHomeowners insurance ratio to liability info?
It will be listed on your "declarations page". This page lists the named insureds, coverages, limit, and deductible. If you don't have one then ask your agent for another copy. They usually come in the mail when your policy renews every year.
What is membership in Health care insurance?
Most group (insurance you get thru your employer) health companys/policy refer to their insureds as 'members'.
Does homeowners cover a fall of a guest?
No, The medical coverage portion of your policy (usually $500) is for minor injuries that can occur around the home and is specific to the named insureds. Your home insurance policy is not a replacement for major medical insurance. If your guest feels you are responsible for their injuries through your negligence then they could sue you for coverage under the liability portion of your home insurance policy.
Where can you print proof of insurance with farmers?
Farmers Group Inc typically requires its insureds to contact their agents directly to make a request for proof of insurance.
Will auto liability insurance follow a driver if they steal an auto?
NO, All auto insurance policies specifically exclude coverage for accidents and claims that arise from criminal activity other than normal traffic violations. Auto theft is a felony in the U.S. No Auto Insurance Company in the USA would be obligated to pay for a claim arising from the Insureds theft of another persons property.
