No, it's required if you hold a mortgage. They insist on it to protect their investment.
Homeowners Insurance does not provide coverage for motor vehicles.
Yes but there is no coverage for the vehicle under the homeowners policy.
No. Homeowners Insurance does not coverage for automobiles.
Coverage A on any homeowners policy includes the dwelling itself. This is the home without including the contents. The coverages under a homeowners policy are as follows: Coverage A: Dwelling Coverage B: Other Structures Coverage C: Contents Coverage D: Loss of Use Also provided under most homeowners policies are liability coverage and medical payments to others.
yes
The most common insurance coverage for a townhouse is typically a combination of homeowners insurance and a master policy provided by the homeowners association.
No, your homeowners insurance would not provide coverage for your pet.
It depends on your needs. For a home that is occupied by the owner, a homeowners policy does offer more coverage. However, it also includes more requirements and is more restrictive on the policyholder.
Homeowners policies typically do not provide coverage for damages or losses caused by floods, earthquakes, and normal wear and tear.
No, it is not illegal for a homeowners insurance company to drop you. But they have to follow the rules for cancellations and non-renewals for the state they are operating in. For example, in Louisiana, if you have been with your homeowners insurance company for 3 years, they can't drop you. In Florida your homeowners insurance company can drop or cancel you but they must meet the minimum notification timeframes.
Yes
I have homeowners insurance for my home.