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Problems with burst pipes appear to have worsened as households try to cut their energy use, an insurer has warned. Aviva said it dealt with a surge in calls about weather-related insurance claims ...
Similarly, if a burst pipe causes extensive water damage and results in mold, your homeowners policy may provide coverage to remove the mold as part of the mitigation effort to restore your property.
If and when a peril occurs and causes damage to your property, you may file a claim with your home insurance provider to help cover the repairs. A standard homeowners insurance policy lists the ...
An insurance policy may or may not cover the costs associated with water damage and the process of water damage restoration. While a common cause of residential water damage is often the failure of a sump pump, many homeowner's insurance policies do not cover the associated costs without an addendum which adds to the monthly premium of the policy.
The Hartford Steam Boiler Inspection and Insurance Company (HSB) is a global specialty insurer and reinsurer headquartered in Hartford, Connecticut.It was founded in 1866 and is the largest provider of equipment breakdown insurance and related inspection services in North America serving over five million commercial locations.
A Mexican artist whose Meatpacking District gallery was flooded by a burst water pipe claimed his insurance company is only shelling out a measly $9,000 for paintings worth $25 million, according ...
In non-personal injury claims, for instance, a claim for professional negligence against solicitors, the measure of damages will be assessed by the loss suffered by the client due to the negligent act or omission by the solicitor giving rise to the loss. The loss must be reasonably foreseeable and not too remote. Financial losses are usually ...
The LA wildfires could cost insurance companies $30 billion. A lawyer who's helped recover millions in insurance claims shared his advice for those impacted.