Real estate blog entries tagged with insurance coverage

Blog entries tagged with "insurance coverage":

insurance coverage: Ninth Circuit Holds That Substandard Construction Absent Intentional Breach Constitutes An “Occurrence” Under Washington Law - 07/16/08 11:16 AM

In October 2006, the trial court issued its order in Mid-Continent Casualty Co. v. Williamsburg Condominium Association (unpublished opinion), holding that defective construction is not an “occurrence” triggering coverage under a CGL policy. Recently, the Ninth Circuit Court of Appeals overturned this decision to hold that it is.
Williamsburg arose … (0 comments)

insurance coverage: What Does It Mean To "Escrow" Taxes And Insurance? - 05/05/08 05:52 PM

As a homeowner, your financial obligations extend beyond your monthly mortgage payment. Periodically, you are also required to pay real estate taxes and homeowner's insurance premiums. Each month, you pay your mortgage payment to a company called a "mortgage servicer" (because they "service" your mortgage each month). In addition to … (0 comments)

insurance coverage: Why you need to keep your insurance coverage in place till settlement! - 06/27/07 02:24 PM

Recently the night before Memorial Day I woke to the sound of an engine groaning up the hill outside my home. Not expecting my garbage to be collected on Memorial Day I had not put it out. The room was fairly light and without looking at my clock I thought they … (8 comments)

insurance coverage: Liability for Breach of Contract for Failure to Procure Insurance - 01/30/07 02:02 PM

A Division 1 Court of Appeals opinion released last week has determined that a county that promises to procure insurance for its contractor may be liable to the contractor for breach of contract if the county fails to procure that insurance. However, the contractor must demonstrate that the insurance procured … (0 comments)

insurance coverage: Property Insurance After Storms and Other Disasters - 12/18/06 07:02 PM

On Thursday night and early into Friday morning, Western Washington was hit with one of the worst wind storms in the region’s history. Puget Sound Energy reported almost one million customers without power, and despite round-the-clock repairs by approximately 350 crews from nine different states and Canada, power has been restored … (0 comments)

insurance coverage: Increasing Problems in Hazard Insurance Coverage - 10/07/06 07:41 AM

Natural disasters such as Hurricane Katrina are sending insurance premiums through whatever is left of the roof. Insurance companies are restricting coverage in a growing number of areas, especially along the Gulf and Atlantic coasts from Texas to Maine. In Florida and Louisiana, more than 600,000 homeowner policies have been … (2 comments)

insurance coverage: Insurance Coverage for Storms - 08/26/06 12:43 PM

Here are some typical things covered under a standard homeowner's insurance policy relating to storm damage*Money needed to remove debris from your home*Money needed to fix your home, including upgrades required to meet local building codes.*Reasonable living expenses for temporary housing.*Personal property like furniture and clothing. There can be limits based … (0 comments)