What does P&C stand for in insurance?
What does P&C stand for in insurance?Property insurance and casualty insurance (also known as P&C insurance) are types of coverage...
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How do insurance companies calculate ACV?
How do insurance companies calculate ACV?Insurance companies calculate ACV by subtracting the depreciation from an item's replacement cost value.Is ACV...
Which two perils are not covered under a standard homeowners insurance policy?
Which two perils are not covered under a standard homeowners insurance policy?Standard homeowners insurance policies typically do not include coverage...
What does 100 replacement cost mean for insurance?
What does 100 replacement cost mean for insurance?Replacement Cost Coverage When you insure your home to 100% of its replacement...
What is hoi refinancing?
What is hoi refinancing?The definition of mortgage term: Homeowners InsuranceThe HOI covers both liability insurance, if someone were to be...
What do the numbers 50 100 20 mean?
What do the numbers 50 100 20 mean?The numbers 50/100/20 represent your policy coverage limits. If you have this amount...
How much you should insure your house?
How much you should insure your house?Most homeowners insurance policies provide a minimum of $100,000 worth of liability insurance, but...
Why is Lemonade insurance different?
Why is Lemonade insurance different?Lemonade was built differently. Instead of profiting from unclaimed premiums, we take a flat fee out...
Which of the following disasters is typically not covered by property insurance?
Which of the following disasters is typically not covered by property insurance?Ground shifts, including earthquakes and landslides, are generally not...
Who owns Lemonade?
Who owns Lemonade?Shai WiningerShai Wininger is the President, CTO, & Co-Founder at Lemonade (NYSE: LMND), a newly licensed insurance company,...
