Question by sherry c: Is there any type of homeowners insurance that will pay for the maintenance?
A friend was telling me that if you are buying a home and have homeowners insurance and you have maintenance problems (roof needs repairing or replacing, water heater goes out, etc) that the insurance will pay for this. He also said that if you needed smaller repairs (plumbing, etc) that would be the homeowners responsibility. I thought anything that went wrong with the home , if you were buying, would be your responsibility.
thank you,
sherry
My chosen answer:
Answer by TedEx We have oil heat, and there is a service plan available. It is expensive, but it includes service for breakdowns, and one maintenance/cleaning service call a year.
Homeowners’ insurance will not pay for wear and tear. That, i’m afraid, is your problem.
A question asked by Shi B: Would my homeowners insurance cover my ruptured breast implant?
I was doing some work at my neighbors house when I fell in their garage. When I got up I noticed that one of my implants had ruptured. Do you think their homeowners insurance will cover that?
The best answer:
Answer by Dee It should. You were injured on their property. That is what the insurance is for…
A question from N0_white_flag: Will my Laptop be covered by my homeowners insurance?
My nephew is/ going to be in the hospital for a few months. I would like to loan him my old laptop to use. If anything happens to it, (mainly concerned with theft) will my homeowners insurance cover it?
Most detailed answer:
Answer by Edward the Less Most homeowners policies are $ 500 or $ 1000 deductible, so even if they cover it (which is uncertain without asking them), unless it’s worth substantially over the deductible, it wouldn’t do you much good to file a claim.
Question by earl p: How does home insurance handle placement after fire destroys your home?
I have insurance with state farm, and weds my house burned down. that night red cross gave me one night in a hotel, and said that my insurance will handle placing me in another home. my question is how does it work exactly? do they just put me in any random place, can I give suggestions, can I atleast suggest an area, how long do they actually provide a place for?
according to construction companies it would take about 5-6 months to rebuild.
Most detailed answer:
Answer by Wrenched Earl, it would seem that you should be talking to your State Farm Agent.
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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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