0
Is your personal property covered by the HO-3 Homeowner policy while being transported in a moving van?
Wiki User
∙ 16y ago
There are many limitations or exclusions that could apply to your situation. A few examples: if item(s) stolen are used in your business or profession - may be excluded. If the issue is theft and there is no evidence the vehicle was forcibly entered - may be excluded. Please get out your policy and read it. Look for the exact words that exclude the coverage. Look at exclusions FIRST. If you do not find them, make the insurance company show you where the words of exclusion are. HO-3 policies are no longer referred to as "all risk". Ho-3 policies are referred as "all-risk with certain exclusions. There are other scenarios that may exlcude coverage also, but generally the NAMED INSURED's personal property is covered away from the premises with a limitation of 10% of the value of the Personal Property limit of the HO-3 policy, unless it is otherwise excluded and excess of the deductible amount.10% of the personal property limit is not enough to cover many scenarios that could result from moving.There also will be an "in transit" limitation that could be an even lesser amount. Individual companies also have individual policies. This answer is based on an ISO (Insurance Services Office) insurance policy. Direct writers such as State Farm, Allstate and Country Companies (there are others will have different terms within the contract. My advice is to purchase the freight carrier's coverage or ask your insurance agent if there is a cheaper alternative.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Dirt bike covered under home owners insurance?
Is a dirt bike covered under homeowner personal property?
Does homeowner insurance cover theft of property from your truck?
Personal property is covered for the listed perils in your policy, see Coverage C - Personal Property, for the list of covered losses. Personal property is covered even if it is located in a vehicle at the time of loss. Some limitations and exclusions could be applicable if the loss is caused by theft.
Is personal property in a storage unit covered by the ho-3 homeowner policy?
Yes. Normally up to 10% of coverage c (Contents) are covered off premises.
Who takes away trees that fall on homes after a storm?
Generally, the homeowner is responsible for hiring a tree removal company to remove trees that fall on their property. Some damage is covered by homeowner's insurance.Generally, the homeowner is responsible for hiring a tree removal company to remove trees that fall on their property. Some damage is covered by homeowner's insurance.Generally, the homeowner is responsible for hiring a tree removal company to remove trees that fall on their property. Some damage is covered by homeowner's insurance.Generally, the homeowner is responsible for hiring a tree removal company to remove trees that fall on their property. Some damage is covered by homeowner's insurance.
Is your girlfriends property covered under your homeowner insurance?
its a gray area in the policy - but property of others would be covered at your request
What would likely be covered under homeowner's insurance but NOT by renter's insurance?
Damage to anything covered by the landlord's insurance, because the landlord owns the property not the renter. Such damage would be covered under homeowner's insurance, because the homeowner owns the property.
Would likely be covered under homeowners insurance but not by renters insurance?
Damage to anything covered by the landlord's insurance, because the landlord owns the property not the renter. Such damage would be covered under homeowner's insurance, because the homeowner owns the property.
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.
Does homeowners insurance cover belonging stolen from your car?
It might. It depends on what was stolen. There are limitations for certain property under homeowner's insurance, and it would be subject to your homeowner's insurance deductible. Most homeowner's policies will provide coverage for up to 10% of the personal property limit in your policy for your property when it is off premises. For example, if your policy indicates you have $50,000 coverage for personal property, you would have $5,000 coverage for personal property off premises, but the other limitations would apply. Under the policies I deal with, business property is limited to $2500 under a homeowner's policy, which means only $250 is covered off premises. The minimum homeowner's deductible is $500, so basically, there is no off premises coverage for business property. There are also limitations for money, jewelry, firearms, electronic devices, etc. You need to talk to your agent for his or her advice.
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.
If a son or daughter living with a homeowner is injured on the property is the injury covered by the homeowner's insurance?
No, your medical payments do not apply to resident relatives, only to guests.
Is your personal property insurance added to your homeowners insurance?
Most standard insurance carriers' homeowner packages cover the dwelling structure, separate structures, personal property, loss of use, personal liability and medical payments. However, there are many different forms of homeowners type policies. If you have a basic, HO1 (ISO), then your property may very well not be covered. The best thing to do is get a copy of your policy and check. If it is not covered, you should be easily able to find a carrier who will cover property as part of the policy.
