i am looking for the representation of each clause within the deductable of a homeowners policy.
Total Comments: 1
Posted: Mon Jun 28, 2010 12:56 pm Post Subject:
what? I don't understand your question.
Your deductible applys to EACH loss...now lets say you have a cat. loss that damages your home, your garage, your personal property, that is ONE loss, one deductible.
Now, lets say, you have the next month a theft of some personal property...that is a different loss, and your deductible will apply to that loss as well. Assuming of course you have a form that covers theft.
Your policy deductible (the one you chose when taking out the policy), and recoverable depreciation are two totally separate things.
I'm not sure exactly what you are looking for, but maybe this covered some of it.
Please re-phrase your post in a question form, and I'm sure we'll be able to answer it for you.
Posted: Mon Jun 28, 2010 12:56 pm Post Subject:
what? I don't understand your question.
Your deductible applys to EACH loss...now lets say you have a cat. loss that damages your home, your garage, your personal property, that is ONE loss, one deductible.
Now, lets say, you have the next month a theft of some personal property...that is a different loss, and your deductible will apply to that loss as well. Assuming of course you have a form that covers theft.
Your policy deductible (the one you chose when taking out the policy), and recoverable depreciation are two totally separate things.
I'm not sure exactly what you are looking for, but maybe this covered some of it.
Please re-phrase your post in a question form, and I'm sure we'll be able to answer it for you.
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