answersLogoWhite

0

In most cases, yes. It can be a very good thing to have if you live in areas known to have bad weather, or if you don't have the money in savings to repair most severe damage that may occur.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Do homeowners insurance have buildinge insurance?

No. But they can apply for it provided the documents about the property that they really own.


I rent a small apartment on his property so will my landlord's homeowners insurance cover damage to my property if there's a leak and my property is ruined?

No. Absolutely not. The landlord's insurance covers damage to his property only. Your property would be covered by renter's insurance. It is fairly inexpensive and well worth it for the coverage and peace of mind.


What is the definition of property insurance?

It really depends on the context. It could be referring to the property that is insured, or if you are referring to property damage insurance (coverage actually) that is coverage for the damage you cause to the property of others. If you could explain in what context I could be of more assistance possibly.


Can you carry homeowners insurance on company property?

Commercial property cannot be covered by homeowner's insurance. Commercial property insurance must be purchased for that category of property.


What is the Difference of life and property insurance?

Property insurance - If your property is damaged the insurance will pay for this to be repaired. Life insurance - If you die then your estate (or the named beneficiary) gets a payout to the value of the insurance.


How much car insurance do you really need in Massachusetts?

You are required by law to carry Compulsary Insurance Only. This would be Liability and Property Damage. I believe the current limits are 20/40 Liability and 5,000 Property Damage.


What is property insurance?

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.


Who needs rental property insurance?

You will need rental property insurance if your are the owner of a rented property. This insurance, in addition to standard household insurance, covers things such a public liability.


What is the average price of homeowners insurance?

Homeowner's insurance all depends on how much the value of your home is worth, the building material and how much in personal property you would like to be covered.


What exactly is property insurance?

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.


What insurance covers stolen property on a job site?

Commercial property insurance.


What has the author Edward W Siver written?

Edward W Siver has written: 'The handbook of commercial property and casualty insurance' -- subject(s): Casualty Insurance, Insurance, Casualty, Insurance, Property, Property Insurance