Question by strongpizza: Will homeowners insurance cover my car getting hit with a falling basketball hoop??
A couple of weeks ago, we had some pretty bad storms and our basketball hoop was knocked over and fell on top of my boyfriends car, putting a couple dents and scratches in the side door of my car. Will my homeowners insurance cover the costs to fix his car?
Top answer:
Answer by Bull dog yep
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Question posed by Scott17: What is Comprehensive Car insurance” and “Third Party Property Damage Insurance”?
I need a brief description (that’s not to complicated please:) of Comprehensive Car insurance” and “Third Party Property Damage Insurance”:)
Selected answer:
Answer by mbrcatz Comprehensive is ONE line of coverage on your policy, that covers YOUR car for fire, theft, vandalism, flood, wind, hail, etc.
Third party property damage, covers OTHER PEOPLE’S property that you damage with your car, when you hit them. It won’t ever pay YOU.
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Question posed by : If I put in a claim for homeowners insurance to cover goods, will my insurance go up or be revoked?
We had flooding in our basement and my washer was damaged and we decided to get a new one rather than repair it. With all the stories floating around about hurricane victims (and other homeowners) having their insurance revoked or having their rates go up astronomically for small claims I got scared. I didn’t want this to happen to me. Would you have put in the claim for the washer? Are these stories true?
The best answer:
Answer by mbrcatz17 Do you have a flood policy? Your flood policy will NOT go up or be revoked for putting in a claim. Your HOMEOWNERS policy does NOT cover flood damage. Water running into the house from outside, such as groundwater, is considered flood.
I would NOT put in a flood claim on your homeowners policy; a water claim puts a red flag on your account, because water damage leads to . . . MOLD!!! So even though it’s not covered, it’s NOT worth it. I have no idea what your washer is worth, but I bought mine for about $ 500 – same as the deductible on my policy, so that’s a wash. Pun fully intended. Sorry. Slow day.
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A question from JA: Is hail damage to a vehicle covered by homeowners insurance?
Just last week we had a severe hail storm and unfortunately it caused damage to my vehicle. Would that be covered by homeowners insurance since it was on the property at the time of the storm? I do not have full coverage on my car, that is why I am asking.
Chosen answer:
Answer by Wendy S Sorry, no. That would only be covered under the Comprehensive or Other than Collision coverage of an auto policy.
That coverage is usually pretty inexpensive, so it may be worth it to get a quote just to see if it’s something you could easily afford in case you have another occasion to use it. When my clients called to cancel comprehensive and collision I always recommended they keep the comprehensive, and once I quoted it most did.
Best of luck!
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A question asked by : where can I find affordable homeowners insurance?
I have homeowners insurance with Alfa but they are not going to renew my policy because I do not have car insurance with them……I don’t have a car.
The top answer:
Answer by Foremost authority In some states, if an insurance company cancels your policy and it’s not because of something you did, they are obligated to find a company that will insure you. Start with your current agent.
Question posed by John B: does homeowners insurance cover goods if you are moving?
I am going to obtain homeowners insurance for the apartment I will be moving to. Will this policy cover my goods in transit?
No 1 answer:
Answer by Angie You’d have to ask the insurance agent. If it doesn’t cover it, they may be able to suggest a different, short term policy that would meet your needs.
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Question posed by : Does USAA property insurance cover cell phones?
I have bestbuy insurance on my phone right now, but i heard of peoples homeowners insurance covering there phones.
Most comprehensive answer:
Answer by Susan H Call USAA and ask this question.
Question by dood: I know your homeowners insurance is suppose to go up every year, but what is normal?
My homeowners insurance cost has gone up from $ 520 last year to $ 609 this year. Thats a 17% increase . Is that too much of an increase?
The best answer:
Answer by Galactose In most cases yes. An inflation gaurd will generally increase your Coverage A limit (dwelling) by about 6%. That does not mean your premium goes up by the same amount. What you probably have is either a change to your account ie an endorsment of sorts, a reavaluation, claims will effect you as well. If none of these are the case it could be a disappearing credit. By that I mean a new homebuyer credit that decreases over a few years. 10% your first year, 6% the second year and 3% your third. None after that. If this is a new policy that’s probably what’s happening to you.
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