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Answered 2011-10-04 07:10:47
No, Homeowners Insurance does not provide the coverage of a life insurance policy.
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Does homeowners insurance cover a barn if their are animals in it?
It may, it really just depends on what kind of insurance policy you bought and whether your policy is a Farm and Ranch type policy or if you have the barn scheduled as a covered structure or not.You should contact your insurer or your insurance agent for clarification of your policy coverage.
Will homeowners insurance cover the installation of a HVAC Unit if your house never has had one before?
NO, Your homeowners Hazard Insurance Policy does not pay for maintenance or other home upgrades. However upgrades should be reported to your insurer as they can be covered if damaged or loss occurs from covered peril on your policy. If your Insurer is not aware that you have added an HVAC unit it will likely not be covered if damaged.
Does a homeowners insurance policy have to have the name of the current owners on the policy?
Yes, of course. The current owners on the policy have to pay for the insurance policy, This is why this policy states that it is a homeowners policy.
Can your homeowners insurance be non renewed due to a water claim?
Generally speaking, an insurer can choose not to renew your policy for any reason. Each insurer chooses for itself the kind of risk it will insure.
Does a homeowners associations general liability cover homeowners driving their vehicle for a homeowners outing?
Your master policy broker or your personal insurance carrier can answer your question specifically. There is no standard.
Does homeowners insurance cover damage to your neighbor's property caused by fire?
Usually your policy will have a section covering your liability as a homeowner. This may cover the neighbour. Check your policy ask your insurer
What is the statutory time limit to sue a homeowners insurance company?
the standard policy says two years
Is insurance responsible for the coverage of a condemed home?
No, A condemned home is not insurable. The homeowners insurance policy becomes null and void the moment a home is condemned whether the insurer has been notified of the condemnation or not.
Does homeowners insurance cover demolition?
Yes. That is covered on a homeowners policy.
Does homeowners cover a murder of a person on the policy?
Homeowners insurance does not generally cover the murder of a person listed on the policy. For that, you need life insurance.
Will homeowners insurance cover university student?
A homeowners insurance policy will cover the interests of the named insured on the policy. It does not matter if the insured is a student or not.
Does homeowners insurance cover if it is being rented?
No, When you rent your home out to someone your Homeowners Insurance Policy is automatically null and void whether or not you have notified your insurer. If you have become a landlord you need to purchase landlords insurance for your property. This is done by obtaining a Dwelling Policy with a rental dwelling endorsement. Just contact your insurance agent and he can help you place the right coverage for your tenant occupied property.
What is the difference between insured and insurer?
The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a covered loss. That which is covered by the policy is set forth in the insurance policy.
Are snowmobiles covered on your Homeowners insurance policy?
depending on you insurance company... I know my snowmobiles are covered on my homeowners
How can i find out if i had insurance with you?
You should review your insurance policy. The name of your insurer will be displayed on your policy declarations page.
Does homeowners insurance cover sprinkler system?
Your homeowners insurance should cover damage to your sprinkler system if the cause of the damage is covered by your homeowners insurance policy such as fire, lightning, freezing of pipes, etc. Homeowners insurance is not a maintenance policy and will not cover mechanical failure of your system.
Can homeowners insurance be cancelled because all sinkhole damages not repaired?
Yes, your homeowners insurance policy can be cancelled or non renewed if the insurer determines that your home or property has hazardous conditions. Especially if the homeowner has already collected on a claim and failed to make the necessary repairs.
Is your car covered by homeowners insurance on their property?
No. Your Car is covered by your Auto Insurance Policy. It is never covered by a homeowners policy no matter whose property it is on.
What does homeowners insurance cover?
The basic structure of a homeowners policy looks like this:
Does homeowners insurance continue after the owners death?
Homeowners insurance will continue after an owners death. The Homeowners insurance policy will typically be paid for by the executor of the estate and become his or her responsibility.
What does homeowners insurance pay for in case of damage to your house?
Your Homeowners insurance policy will pay for damages that result from the covered perils specified on your insurance policy subject to the policy limits and any deductibles listed therein.
What is ho3 on homeowners insurance mean?
It a standard homeowners insurance policy, for a detached single family home (as opposed condominium -- which is HO-6), and the HO3 distinction also indicates the policyholder is the homeowner as opposed a tenant.
What happens when your car insurance is cancelled by the insurance company?
What happens is that you get a new insurance policy, possibly with another insurer. Any unearned premium will be returned to you by your insurer.
After a claim can you still use your insurance policy?
An insurance policy should still remain valid for the remaining term following a claim providing that the claim is such that it does not require the insurer to cancel the policy. You should check with your insurer.
Does homeowners insurance cover murder?
No. Homeowners insurance is "Property" coverage. Murder is a criminal offense and is not a covered peril under a home's property hazard insurance policy. Homeowners insurance does not provide liability coverage for criminal acts nor is it a replacement for a life or death insurance policy.
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