Yes.
Sure. If it is part of the contract and you sign the contract then you must abide by the contract and purchase the homeowners insurance. The policy you would need to get is an HO-4 which is for renters. It covers you for loss to your contents and liability as well.
No, Homeowners Insurance does not provide the coverage of a life insurance 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.
Yes. That is covered on a homeowners policy.
Homeowners insurance does not generally cover the murder of a person listed on the policy. For that, you need life insurance.
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.
Separate
No, Homeowners policies are considered Mono-Line
depending on you insurance company... I know my snowmobiles are covered on my homeowners
If you don't carry homeowners insurance and you have your home financed, you are breaking the contract and your bank will take out a forced place policy to cover their interest in the home and you will have to pay the premium which is far more than a homeowners policy. If it's not financed, you take the entire risk of loss upon yourself.
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.
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.