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Caroline Said:

Where can I find insurance for an individual piece of jewelry? My household insurance does not cover it.?

We Answered:

Call an appraiser, get it appraised, and then contact a private merchandise insurance agent. Based in it's value, sometimes banks will insure it if kept in their vault. You will pay for it, but if it's worth it... it's worth it.

Carlos Said:

Advice about filing a household insurance claim for car break in

We Answered:

Every homeowners policy except one, that I've ever seen, has had "special limits of coverage". Pull your policy, go to Property, Section I perils insured against, Coverage C, personal property, Special Limits of Liability: $200 cash, $1,000 securities, $1,000 for watercraft & trailers, $1,000 for jewelry & watches (loss by theft), $1,000 for electronic apparatus. Many policies limit the coverage for cd's to $100 or $250.

Paperwork isn't covered for "cost to replace", but "value of the media" or blank paper. Electronics that are powered by your car, ONLY, are likely flat out excluded.

And of course, this is all subject to your property deductible. I know, bad news, on top of being violated. Just what you need.

Brenda Said:

Will my household insurance cover the loss of my 26cc Radio Control Car?

We Answered:

This will depend on your insurance policy - you need to check the small print and find out. You should look out for whether you have to declare individual items that are over a certain value.

Betty Said:

Does my buildings insurance policy cover me for damp?

We Answered:

Of course this may dependent on your specific household building insurance policy. However I would say from experience that household insurance policies do not cover incidents that are as a result of wear and tear (deterioration), or as a result of a householder not maintaining the structure of the property. Flashing is notorious for deterioration and requires regularly checking. Unless the damage to the areas you have mentioned have been purley caused by an insurable peril in a one off incident (highlighted in your policy booklet i.e Storm, Fire, Flood etc) it is likely to be as a result of wear and tear or age and therefore damage caused to the internals of the property are unlikely to be insured. It is upto the policyholder to prove that the damage caused is in direct relation to an insured peril as highlighted in your policy documentation.

Alexander Said:

Is Dry Rot covered by household insurance?

We Answered:

No... dry rot occurs overtime, and is considered a maintenance issue, which insurance doesn't cover. In the eyes of the company you should have kept up with your home and repaired things overtime. Even though dry rot is sometimes hidden it's still up to the owner to know if there house is up in age, than some things need repair/replacement regardless if the appear broken. Insurance is for things that are sudden/accidental/unexpected. Not long term taking care of your house things like replacing siding.