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It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the ...
Buildings are subject to many different risks while under construction. They may catch fire, be damaged by high winds, or fall victim to other force majeure.A principle of common law is that any new construction or other improvement to land becomes property of the owner of the land – the title holder – once there has been an "improvement" to the owner's site.
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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 ...
Your insurance provider might nonrenew if you leave your house vacant, the insurance market in your area becomes too high risk or you have been neglecting your home’s upkeep.
There's no doubt that buying vacant land can be a great investment. But as with any investment, it's not for everyone. Unlike many other investments, land doesn't pay any income, doesn't trade on ...
Sentry Insurance was founded in 1904 by members of the Wisconsin Retail Hardware Association, now the Midwest Hardware Association, to provide insurance for its members in the hardware industry. Its headquarters for many years was the Hardware Mutual Insurance Companies Building , built in 1922 and now listed on the National Register of ...
Unique home insurance considerations. Even though your homeowners insurance policy should spell out pretty clearly what is included in your policy, it may still leave room for gray areas.
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