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in general yes but you wouldn't be receiving the same type of policy if the owner is not living there (example you wouldn't need personal property coverage since your property would be at your primary residence).
Wiki User
∙ 14y ago
Wiki User
∙ 12y agoNo. You don't own the home, the owner pays that. You can get renters insurance if you want.
Adding on to that, homeowners insurance only covers the structure, not the contents. So while the owner will get paid for any damage to their building, anything you lose to a fire, flood, etc. is not covered in most cases. If you have a lot of valauble belongings it's always a good idea to have renters insurance. Also, most companies offer discounts for having renters insurance and auto insurance with the same company.
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What do you have to pay extra for renting a car?
you have to pay for petrol, insurance, and if you brake anything you have to pay to get it replaced.
If you are renting your home and living with your boyfriend at his home why won't your insurance company cover your home?
It is possible that you have to be occupying the house to be covered by insurance. They see it as unprotected by the owner and anything could happen to it. I cant possibly be the first person to try and insure a property Im not occupying. Homeowners insurance covers your home, and a house you are renting to someone else is not your home. It can be insured, but you need a different policy.
Which of these is a disadvantage of buying a house instead of renting?
Homeowners must pay for all repairs themselves. Homeowners need to buy homeowners insurance. They usually have higher utility bills. Homeowners pay property taxes. However, the advantages to owning your own home are usually worth it.
One advantage of owning a home compared to renting a place to live?
Homeowners can make a profit on the sale of their home.
What is the average deductible for 50.000 of renters insurance in georgia?
Renters insurance is a form of homeowners insurance. The form is HO-4. I assume that you mean the policy that the person renting purchases to cover their belongings and liability. Most all homeowners policies offer a wide variety of deductible choices usually ranging from $250 to $5000. The higher the deductible you choose the less the cost of the policy because you are assuming some of the risk for small claims. Most insurance companies have or are moving to increase their minimum deductible to $500. Look on your declarations page on the front of the policy and it should tell you the deductible.
Does homeowner insurance cover a daughter renting a room that dies accidentally?
I don't really understand what you would expect the homeowners policy to pay for in this situation. Homeowners insurance is not life insurance and does not provide any type of such coverage.
Does homeowners insurance cover your mortgage if you are laid off?
No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.
How can homeowners insurance pay for homeowners association dues if i cannot pay?
It won't. Homeowners insurance is protection from sudden accidental losses, it does cover association dues.
Will homeowners insurance pay to remove mold?
No
What happens if you cannot afford the homeowners insurance deductible?
Normally when you buy a house, you will be required to get home owner's insurance and pay a deductible. If you can pay the deductible, you may lose your homeowners insurance.
How can you get your homeowners insurance to pay for new carpet?
You can't.
Does my homeowners insurance pay for your loss of pay when you fall in your own home and out of work?
No
Does homeowners insurance pay your mortgage if you become disabled?
Homeowners insurance does not cover your mortgage if you become disabled. You would need to obtain mortgage protection insurance for that.
What do you have to pay extra for renting a car?
you have to pay for petrol, insurance, and if you brake anything you have to pay to get it replaced.
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.
Does homeowners insurance pay your house payment if you cant work?
No.
Does homeowners insurance pay for bed bug treatments?
Not in the US.
