No, Homeowners insurance is not a replacement for medical insurance.
No. A homeowners insurance policy is specific to the property of the named insured.
Of course NOT. Homeowners Insurance does not cover auto accidents. That's what Auto Insurance is for.
When you own a home you are libl for nything that happens on your property. Homeowners liability insurance covers you in the event someone i injured on your property. Homeowner's liability insurance covers the homeowner in the event that someone gets injured while on their property. It covers medical bills and other expenses for guests if something happens to them while at your home.
Yes you May all you have to do is get intouch with your insurance agent or Company.
It's called "personal liability" coverage, and virtually all homeowners policies have it.
No You would need to seek coverage under your medical insurance policy for accidental injuries. Homeowners insurance is for property and liabilities that may arise out of home ownership. Home insurance does not replace medical insurance. If you think the property owner is liable through cause of injury, you might seek coverage under their liability if they carry the coverage.
If it was done accidentally, then it may. Usually intentional acts are not covered.
Yes. If it is a home and it is owned by someone, then it is covered by homeowners' insurance, regardless of who that someone is.
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.
No. The exception would be, if for instance the snowmobile was stolen off the person's property.
Homeowners insurance is not the proper policy if you are renting a home to someone else. What you need is a tenant occupied dwelling fire policy with premises liability coverage added to the policy or extended from your homeowners policy from the home you do live in. This is why you need an insurance agent and not a 1-800 insurance company to advise you on your needs and sell you the proper policies.
Most insurance companies that sell homeowners and renter's insurance also sell landlord insurance. Some companies where someone could purchase landlord insurance include Allstate, MetLife, and Progressive.
Homeowners insurance covers what is inside the home. Check your auto insurance for auto damages.
No, homeowners insurance is not a replacement for health insurance.
It is not a question of better, it is a question of different. Coverage intended for a landlord does not generally include contents coverage. Instead, it covers the structure itself and may include liability insurance for those accroutrements which may pose a hazard to third parties for which the property property owner may be liable. Homeowners insurance is for someone who owns and occupies the property. It generally covers property damage to the structure (certain risks may be excluded, however), contents, and liability coverage. It is a package policy and generally affords a broad range of coverages.
The liability portion of your homeowners insurance policy will cover costs of legal defense, (attorneys fees) and resulting judgements if you are found liable for accidental injury to another while they are in your home or on your property. It will not cover intentional injury though.
Nope! Because your dead!
There are a number of places were one can compare homeowners insurance online. Some of these places on the internet include Compare The Market, Net Quote, and Go Compare.
Insurance for someone else's propertyYes, You can legally Insure the property of another person. So Long as you have authorization to do so and the owner is benefited, or an other insurable interest in that property exists. There are many situations where a third party may need to obtain property insurance such as, Estate Executors, Court Appointed Trustees, Dependents, Bailees, Tenants, Persons holding POA, or living wills, etc..You can not insure the property of another when no insurable interest exists. It would be unlawful to insure the property or life of another where the intent is to gain unduly from another persons loss.
You don't HAVE to cover your property with homeowners insurance once your home has not mortgage but you could lose everything if you had a fire or if someone was injured on your property. Some HOA's require some type of insurance on every property regardless of mortgage. Its not a wise decision to drop coverage.
Your own liability insurance will never pay for the damage to your property or for your medical expenses. Your collision insurance pays for damage to your property, if it is your fault. Your Uninsured Motorist Insurance or Underinsured Motorist Insurance pays for damage to your property if caused by someone else who is uninsured or under-insured. Your liability insurance will pay for the damage to someone else's property or for someone else's medical expenses, if it is your fault. Someone else's liability insurance will pay for the damage to your property or for your medical expenses, if it is their fault.
It depends. If it was your basketball hoop that fell on someone else's car, yes. The insurance company should cover damages to someone else's vehicle while it was on your property if an "act of God" caused damage. If it's your vehicle on your property or even if you're renting the property, sorry. you're out of luck.
No. A property owner is not be liable for the acts of a wild animal they do not own. Your homeowners insurance would offer no coverage. The persons own medical insurance would cover their injuries.AnswerAs all policies differ, read the terms, conditions and exclusions. Failing that, call the company that issued the policy.
Homeowners insurance is available from a large number of insurance companies such as Swiftcover or Hastings. Whether someone wants it cheap or not it is best to read the terms and conditions carefully to make sure it covers what is required.
yes it does i know because someone broke our fire-pit and insurance covered it