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Flood damage coverage is not typically included in homeowners insurance policies, Allstate states, but if your roof is damaged due to wind or hail and rainwater gets into your home, your ...
Typical property insurance policies, however, don't generally cover damage from disasters such as earthquakes, floods and landslides. ... Allstate, the sixth-largest home insurer in California ...
All told, risk modelers have estimated it will cost the insurance industry $20 billion to $45 billion to pay for property damage, temporary housing costs and other claims stemming from the fires ...
Allstate continued to sell additional types of insurance to customers throughout the decade, including worker's-compensation insurance in 1964, surety bonds in 1966, inland-marine coverage in 1967, and a business package policy in 1969.
As firefighters work to contain the blazes, many residents face the added blow of losing homeowners insurance, which should cover fire-related damage or destruction. Several insurance companies ...
Insurance fraud: If at any point a policyholder is found to have caused intentional damage in order to submit a fraudulent claim or takes any action that goes against the insurance policy contract ...
"Here's how it works: Climate change makes risk unpredictable; risk makes insurance unaffordable or unavailable; no insurance makes mortgages unavailable; without mortgages property values crash ...
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.
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