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  2. Water damage - Wikipedia

    en.wikipedia.org/wiki/Water_damage

    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.

  3. What Does Homeowners Insurance Cover? - AOL

    www.aol.com/finance/does-homeowners-insurance...

    Homeowners insurance coverage is a must if you have a mortgage loan, and it's strongly advised even if you don't. Here's what you need to know.

  4. Servpro - Wikipedia

    en.wikipedia.org/wiki/Servpro

    The company sold its 1,000th franchise in 2000. To accommodate their growth, the Servpro headquarters moved to a facility of 140,000 square feet (13,000 m 2) in 2005, which was expanded to 200,000 square feet (19,000 m 2) in 2014. The Tennessean has listed Servpro as one of Tennessee's top workplaces eight times since 2015, including 2024. [8]

  5. Total loss - Wikipedia

    en.wikipedia.org/wiki/Total_loss

    Even though only partially sunk in shallow water, in 2012 the relatively new cruise liner Costa Concordia was declared a "constructive total loss" due to escalating environmental and salvage clean-up costs. In insurance claims, a total loss or write-off is a situation where the lost value, repair cost or salvage cost of a damaged property ...

  6. 6 ways for seniors and retirees to save on homeowners insurance

    www.aol.com/finance/ways-seniors-save-homeowners...

    The average cost of a homeowners policy has risen more than 30% since 2020. Yet you can still find ways to save on insurance, especially for seniors. See cost-saving tips for paying less on your ...

  7. What Is a homeowners insurance peril and how does it work? - AOL

    www.aol.com/finance/homeowners-insurance-peril...

    Key takeaways. Homeowners insurance perils are unpredictable events that cause damage to your property. Home insurance typically covers 16 named perils.

  8. Property insurance - Wikipedia

    en.wikipedia.org/wiki/Property_insurance

    An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...

  9. Flood insurance - Wikipedia

    en.wikipedia.org/wiki/Flood_insurance

    Flood insurance is the specific insurance coverage issued against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands , floodplains and other areas that are susceptible to flooding.

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