What happens with insurance when your house burns down?

What happens with insurance when your house burns down?

Your homeowner’s insurance will likely cover items destroyed in a house fire. If you have a replacement cost policy, you’ll receive the actual cash value of your damaged items at the time of settlement [Replacement Cost – Depreciation = Actual Cash Value].

Does Shaq own The General insurance?

Auto Industry Mogul? Shaquille O’Neal is regularly approached by individuals and companies with various endorsement and business proposals, most of which he turns down. However, the latest company to get a “yes” from Shaq is The General auto insurance company, which currently sells insurance in 44 U.S. states.

Is The General owned by progressive?

Did Progressive buy The General? No. In early 2013, they were acquired by American Family Insurance, making them an even bigger play in the insurance space. Oct 15, 2021

See also  How long do I have to claim insurance?