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If there’s minimal damage, it may not pay to file a claim if the cost of repairs is below the cost of your deductible. But since tree damage can be extensive, filing a claim does make sense in ...
Rick Dinger, president of Crescenta Valley Insurance, said renters policies often offer at least $25,000 to replace damaged personal property and help you find and pay for a new place to live.
The largest element is likely to be the reinstatement of property damage. Take for example a factory which was burnt down by the negligence of a contractor. The claimant would be entitled to the direct costs required to rebuild the factory and replace the damaged machinery. The claimant may also be entitled to any consequential losses.
In commercial law, a holder in due course (HDC) is someone who takes a negotiable instrument in a value-for-value exchange without reason to doubt that the instrument will be paid. If the instrument is later found not to be payable as written, a holder in due course can enforce payment by the person who originated it and all previous holders ...
For example, a lender advertising a home loan might have advertised the loan with a 5% interest rate, but then when one applies for the loan one is told that one must use the lender's affiliated title insurance company and pay $5,000 for the service, whereas the normal rate is $1,000. The title company would then have paid $4,000 to the lender.
If there’s minimal damage, it may not pay to file a claim if the cost of repairs is below the cost of your deductible. But since tree damage can be extensive, in many cases, filing a claim does ...
This reassessment may lower the property’s value, which leads to a lower tax bill. It’s a short-term relief measure, though. Once the property is rebuilt, a new assessment will take place and ...
Statutory damages are a damage award in civil law, in which the amount awarded is stipulated within the statute rather than being calculated based on the degree of harm to the plaintiff. Lawmakers will provide for statutory damages for acts in which it is difficult to determine a precise value of the loss suffered by the victim.