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  2. Should you return a partial payout from a home insurance claim?

    www.aol.com/finance/return-partial-payout-home...

    Claims: Rates were calculated based on the following insurance claims assigned to our homeowners: “fire ($80,000 in losses), theft ($5,000 in losses) and wind ($12,000 in losses).” Show ...

  3. 9 age-smart ways for seniors to save on car insurance (that ...

    www.aol.com/finance/ways-seniors-save-car...

    Renters insurance. Condo insurance. ... end up paying more in increased premiums over time than you'd receive from the claim payout. "Minor at-fault accidents can raise premiums by 20% to 40% ...

  4. Condition of average - Wikipedia

    en.wikipedia.org/wiki/Condition_of_average

    Illustration of the partial payout of Sum Insured against probability of occurrence. Condition of average (also called underinsurance [1] in the U.S., or principle of average, [2] subject to average, [3] or pro rata condition of average [4] in Commonwealth countries) is the insurance term used when calculating a payout against a claim where the policy undervalues the sum insured.

  5. What to know about renters insurance and what it does and ...

    www.aol.com/news/know-renters-insurance-does...

    Only about 40 percent of rental households purchase renters insurance, according to a 2022 report by the Joint Center for Housing Studies by Harvard University, compared with 88 percent of ...

  6. Renters' insurance - Wikipedia

    en.wikipedia.org/wiki/Renters'_insurance

    Renters' insurance, often called tenants' insurance, is an insurance policy that provides some of the benefits of homeowners' insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure.

  7. Citizens Property Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Citizens_Property...

    [4] [8] Through 2006, Citizens Insurance charged its customers the highest rate approved by the Florida Office of Insurance Regulation to avoid competing with private carriers. Insurance agents were prohibited from writing policies through Citizens if there was a private (not surplus lines) carrier that would write the risk. If a qualified ...

  8. How much renters insurance do I need? - AOL

    www.aol.com/finance/much-renters-insurance...

    For example, if you have a $500 deductible and you filed a claim for damage from a fire, you would pay $500 towards the repair and the insurance company would pay the remaining cost.

  9. Uninsured motorist clause - Wikipedia

    en.wikipedia.org/wiki/Uninsured_motorist_clause

    The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault. Some states' laws also allow additional insurance coverage to the insured policyholder through policy stacking provisions, whereby a claim may be made against multiple uninsured motorist policies.