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Bear
Necessities and More
MetLife
Auto & Home® solves your
insurance issues
Follow
the links below to find answers to the questions of interest
to you -- or ask a question of your own!
[Q]
My wife's coworker bought a new, very expensive grill that
was destroyed by a black bear after a recent cookout. We have
bears in our backyard too, which makes me wonder: Would my
grill be covered if a bear destroyed it?
[A]
You've just given new meaning to the term "crashing the
party." Go ahead and send out invitations for your next get-together,
knowing that if your grill were destroyed by a bear, your
home, condo, or renters insurance would pay for a replacement.
But animal lovers take note: Your insurance won't cover damage
caused by animals owned or kept by you.
[Q] With real estate values changing so drastically, how
can I know if my house is still worth what it is insured for?
[A]
It's true that depending on where you live, your home's market
value--the amount a buyer is willing to pay--may have risen
and fallen dramatically during the past few years. But your
home's insured value is a different, more stable number: It's
the amount it would cost--including labor and materials--to
rebuild your home if it were destroyed. Take a look at your
insurance policy: Most likely the insured value isn't the
same as the price you paid for your house. What accounts for
the difference between insured value and market value? Often
it's the value of the land.
[Q]
When I visit my family in another state,
I almost always drive one of their cars. If I were in an accident,
would my MetLife Auto & Home auto policy cover me?
[A]
If you borrow Aunt Millie's station wagon during your annual
holiday visit and you crash it, Aunt Millie's auto insurance
would be the first source of money to repair her vehicle.
Only after her insurance is exhausted would your MetLife Auto
& Home auto policy step in to help pay for damages. Your personal
insurance is considered "excess" over any other insurance.
Of course this situation assumes you drive Aunt Millie's car
infrequently. If you regularly drive her car--or anyone else's--you
should be listed as a driver on their auto policy.
Got
a Question?
Email it to us at editor@MetLifeYourLife.com.
Or, write to us at: MetLife, Your Life, Dept. LN304, 1716
Locust St., Des Moines, IA 50309.
We regret
that due to volume we are unable to respond individually to
questions.
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