The financial assistance provided by FEMA varies according to the requirements of each individual and the available federal funds for the disaster. It is essential to be aware that having insurance is preferable to relying on the government for assistance. Due to the uncertainty surrounding the availability of the funds, FEMA payments should not be […]
You can start making repairs as soon as they are approved. Your deductible will affect how much your insurance will pay for covered repairs. However, flooding frequently destroys vehicles. Your insurance company will pay you the fair market value of your vehicle, less your deductible, in the event of a total loss. If you so […]
You should immediately file a claim with your agent if a flood causes damage to your vehicle. You may be asked to provide additional event-related information to your provider during this process. Take pictures of your car and the flood damage to prepare for this. Water damage is not covered by comprehensive insurance. If you […]
Flood damage to your car is covered by comprehensive insurance. Some lenders may require this kind of coverage if you finance your car, while others may consider it optional. This indicates that not all motorists have comprehensive coverage. The additional premium you pay for it depends on the deductible you select and the value of […]
The National Association of Insurance Commissioners reported in its 2019 rate review, which looked at data from 2017. That the average renters insurance rate in the United States was $180 per year.3 At just $15 per month, renters insurance is one of the most affordable types of insurance you can buy. The amount of your […]
You may not need to notify your insurance company if another driver is at fault for a fender bender, accepts responsibility, and gives you their contact information and information about their insurance company. However, you will need to contact the other driver’s insurer in order to file a claim for damage to your vehicle. But […]
This article, How to Prepare for Flood Damage to Your Vehicle, was written by Lorraine Roberte and last updated on September 28, 2022. Julius Mansa reviewed it and Taylor Tompkins verified its accuracy. What Kind of Insurance Covers Flood Damage to Your Vehicle? How Do I Submit a Flooded Vehicle Claim? How Can Flooded Car […]
Water can enter underlying materials through a damaged roof, affecting roofing plywood and insulation. Paint and sheetrock can become damaged when water seeps into walls and ceilings. Mold and mildew can grow on structural materials as well as clothing and furniture if leaks aren’t fixed. Ceiling joists and wall studs, for example, can rot due […]
In the event of a disaster, you might think that your landlord’s property insurance would cover damage to your belongings. However, you’d be wrong. Your landlord’s insurance only covers the building’s structures and common equipment, as well as their liability for injuries sustained on common property. Renters insurance, on the other hand, is needed for […]
When Your Motorcycle Is Stolen Written by Emily Delbridge and Last Updated on August 7, 2021 Anthony Battle Reviews Motorcycles Motorcycles can be easy and popular targets for thieves. Motorcycles are relatively simple to move without a key, in contrast to automobiles. Either the bike as a whole or just the parts can be sold […]
