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Do you have to rebuild on the same lot with homeowners insurance payoff?
Wiki User
∙ 12y ago
It depends on the fine print in your policy. We just lost our house to fire and at first they said we did have to rebuild on the same lot but then said the actual policy we had did not require that. So basically they will pay off the house and we will own the lAnd to either keep or sell and are free to start over on a new lot. Only stipulation is your mortgage does have to be paid in full first
Wiki User
∙ 12y ago
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Can Non driver homeowners insurance be on a drivers auto insurance?
Homeowners insurance is separate from auto insurance. You may get a discount if you buy both from the same company.
If you refinance your mortgage do you need to get hazard insurance if you already have homeowners insurance?
hazard insurance is another way to say homeowners insurance - they should be referring to the same thing
What is the difference between home owners insurance and hazard insurance?
Homeowners insurance is often referred to as Hazard Insurance. They are the same thing.
If a car hits my house does car insurance or homeowners insurance pay?
I have the same question! A car did hit my house and I started to go through my homeowners insurance , but however I am thinking after all the problems that I am having with my homeowners that maybe it would have been best to go through the car company insurance.
Can you file a claim against two homeowners insurance companies at the same time?
no
Is stolen money covered in renters insurance?
No, cash is not covered, same on homeowners policy, not covered.
Does shelter insurance cover homeowners insurance?
They are actually both the same in aspect, protecting and assuring the benefit of home-ownership of an individual to a property.
If I have an oceanfront property that is destroyed by wind and waves from a hurricane and have no flood insurance will my homeowners policy cover it?
you would need to prove wind damages - consider hiring an engineer. Waves is the same as flood and excluded by homeowners insurance.
Where can one find information on condo insurance?
Condo insurance can be purchased at the same places that sell homeowners insurance and will cover the costs of your property inside your condo and will pay for damages incurred.
How do you get homeowners insurance to pay for mold damage?
Mold is usually excluded from coverage. Read your policy; if same is not excluded, it is included.
Do you save much money by combining homeowners and auto insurance with the same company?
Total savings will be 350 per year.
Is private mortgage insurance the same as homeowners insurance?
They are not the same. Homeowner's insurance insures the property: dwelling, personal property, other structures on the property, etc. Private mortgage insurance pays the mortgage in case of the death or disability of the mortgagor.
