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Your insurance agent will advise you of the bare minimum insurance you absolutely need, but you can be sure "liability" will be part of it, yes.

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โˆ™ 2011-03-09 04:22:46
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Q: Can a homeowner buy a liability only policy?
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Related questions

Does homeowner liability insurance extend to land where a home is being demolished and rebuilt?

No. you will need to buy a "Builders Risk" policy to cover liabilities associated with home construction.

Will any homeowner Insurance policies cover a car that was stolen from the driveway?

No homeowner policy will cover a vehicle that was stolen. Insurance varies from state to state but generally you can buy comprehensive protection only which will cover theft.

Can a homeowner buy only a Renters Policy?

Well, Not really, When you buy a renters insurance policy you have to declare that you are a renter. If you have a loss and the insurance company discovers you lied, They will not be required to pay for any claims due to a fraudulent statement on your application.

Can i buy your own retro homeowner insurance?

No. there is no such thing as a retroactive homeowners insurance policy.

Where can you buy just a liability insurance policy in Sarasota County FL on a free and clear mobile home?

Call an agent and ask, but I suspect you can not just buy liability insurance. You can buy a real cheap HO policy with minimal property coverage and max out on the liability. Why would you not want personal property coverage anyway? 4lifeguild

What insurance will cover dog bites?

I am a licensed insurance agent; licensed in 45 states for 16 years. I sell animal liability insurance and have extensive insurance experience. First, a dog bite will never be covered if you buy insurance AFTER the bite has occurred. Second, you should always have a renter's insurance policy or homeowner's insurance policy, regardless of whether or not you own a dog. If your dog has no prior bite history, you will probably have coverage for a dog bite in the future. But you should always read your policy to be certain that coverage for animals or coverage for certain breeds of dog are not excluded. Third, if your dog cannot be covered by your renter's insurance or homeowner's insurance; you can always buy animal liability insurance to cover such unfortunate events.

Does auto liability insurance cover theft?

No, you need to read your policy and then buy a comprehansive coverage.

Where online can one get a public liability insurance policy?

One can buy a public liability insurance policy online from many insurance companies. These include Hiscox, Axa Liability Insurance and Endsleigh. One can use comparison sites such as Compare The Market to compare prices and conditions.

What if you have a break in homeowner insurance?

Just buy a new policy. You may lose your continuous coverage discount but you should have no problem finding coverage.

What company offer's limited liability insurance?

You can purchase limited liability insurance from any company that sells a car insurance policy, so you will choose the level of coverage you want to buy.

Do you have to have full coverage on each vehicle you have or is it enough to have it on one and liability on the others and be fully covered?

You'll be fully covered only on the vehicles for which you choose to place full coverage insurance. The others will only be covered for liability losses if you only buy liability coverage for them.

Which is better liability or collision car insurance?

This is a question that has no real answer. It's like asking whether apples or oranges are better. It depends on your situation. Liability only covers the person you hit and their damage if its your fault. It is usually required by state law in most states. Comprehensive and Collision are coverages that cover physical damage to your vehicle and are additions that are added to a liability policy. You can buy liability without Comp and Collision but not Comp and Collision without liability under most circumstances.

Can NRI's buy policy?

Yes, The NRI's can buy the policy, but the scope would be limited to India only. The policy will stand null and void on a foreign ground and the policy premiums have to be paid in Indian Rupees.

Can you buy a Professional Liability Policy if you have financial problems?

Yes, you can still purchase coverage. You may have to look a bit harder and have higher premium though.

If a parent of an adult child is listed as co-owner of the car are they legally responsible for accidents?

Very possibly. Talk to a lawyer if you have concerns and buy a personal liability policy giving you a million dollars or more of liability coverage to protect your assets.

Does personal liability cover tree trimmers who are not licensed?

Personal liability is just that ! It does not provide for business related activites. If you want to be covered for business related activites you will need to buy a policy that coveres business related activites. If you are engaging in the business of tree trimming for money you need a COMMERCIAL GENERAL LIABILITY.

Is it cheaper to buy a cheap car to insure your child on?

Yes, buy a cheap car that you only need to have Liability Insurance on. It is Collision Insurance that will cost you allot. Of course you are taking a chance if the driver wrecks the car and it is the driver's fault. But by only having Liability you save plenty on insurance.

What is the purpose of buy to let insurance?

If someone owns a property that is rented out to people, buy to let insurance acts similar to homeowner's insurance. Coverage can vary by company and plan, but can include damage by tenets, fires, floods, and natural disasters, and can cover personal liability in case of damages or injuries.

Can you buy an HOA lien from an HOA and force the homeowner to pay you for all back fees and interest?

Yes. A note on the interest part--your state's law will dictate what interest, if any, you will receive. And you will assume the HOA's liability--if the lien is later declared invalid, you will be responsible for the homeowner's court costs. Make sure that it is a part of the sale of the lien that the HOA will cooperate in any foreclosure proceedings that might occur to collect the lien--without them, the homeowner will likely win.

If homeowner dies does homeowner insurance cover it?

Homeowners insurance covers the house itself should it be damaged. Many of the policies include liability insurance so that if anyone is injured there you have protection. There are some types of mortgage insurance that cover the remaining mortgage should the owner die. But, if the lender does not require it due to a low down payment, one would have to specifically buy that.

If you buy a car and have no auto insurance how long do you have to get insurance?

no coverage at all. Call an insurance company before hand and set up a binder policy at least for the liability.

What is cyber liability insurance?

cyber liability insurance is a policy designed to protect an insured business against the risks associated with online activities. These risks may include getting sued for transmission of a virus or accidently posting personal client information on the web or defaming a third party on your company blog or a social network. Insurers who provide this cover have their own cyber liability insurance policy documents/wordings - all of which are individual and different. Talk to a broker - ideally a cyber liability specialist or direct to major insurers to find a policy that suits your requirements. Beware to read the policy document - especially the exclusions before you buy!

If a friend wants to use your car is it possible for him to buy his own insurance to drive your car?

Yes it is very possible for your friend to get insurance to drive your car. There are 2 ways, the first is called a non-owners policy which will only provide liability coverage, and no property damage to your vehicle. The second is to get a policy on your vehicle which is now available in most states, without having insurable interest. The non owners policy is the least expensive.

What is covered by homeowners insurance if you are renting the house?

The dwelling Owners policy does not cover the property or liability of a tenant. Rental dwellings are covered under a Dwelling Policy that covers rental properties not a homeowners policy. If the tenant seeks coverage, the tenant must buy his own Renters Insurance Policy.

If your insurance ran out on your friends car can you take your insurance card and put it in that vehicle and be covered?

NO!!!! However if you are the one driving your friends car your policy may provide some protection with regards to your liability but only if you are driving. Your own liability usually only follows you to another car if you are using it temporarily as a substitute for your own insured vehicle. Even then, your insurance would be secondary to the owner's policy and your insurer would expect it to be insured. Before I even thought about driving an uninsured car, I would check with my agent to find out if I would be covered. It would be a lot cheaper to buy your friend an insurance policy than to pay the expenses for even a fairly minor accident.