Homeowner's Insurance

What are the two type of coverage provided by a homeowners insurance policy?

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2017-07-12 19:40:52
2017-07-12 19:40:52

Property and Liability coverage

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2014-10-15 21:20:39
2014-10-15 21:20:39

Property and Liability

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Related Questions


No, Homeowners Insurance does not provide the coverage of a life insurance policy.


Employee injuries and Homeowners InsuranceNO, Your homeowners insurance policy does not extend coverage to your employees nor to the employees of a contractor performing services at your home.The injured employee needs to look to the employers provided Workers compensation program or to their own medical insurance policy for coverage.


Some auto insurance policies do provide towing coverage. It is listed in your policy whether the coverage is provided or not.


No. Homeowners insurance is "Property" coverage. Murder is a criminal offense and is not a covered peril under a home's property hazard insurance policy. Homeowners insurance does not provide liability coverage for criminal acts nor is it a replacement for a life or death insurance policy.


Yes but there is no coverage for the vehicle under the homeowners policy.


If you have off premise coverage on your policy and the stolen items were scheduled on your homeowners insurance policy then Yes, you should be covered for those items. Contact your insurance agent for clarification of your insurance coverage.


provided it is a covered cause of loss - there is a limited amount of coverage for watercraft on the policy - depends on policy usually between $1,000 - $5,000


Actually you can't just add it. For rented property you need Dwelling coverage. Your homeowners insurance policy becomes automatically null and void when the property is rented out to another. You can have your agent endorse your policy for rental dwelling coverage or you can have your agent re-write the policy on the appropriate dwelling coverage form. Homeowners insurance is for owner occupied homes. Dwelling insurance is the landlords insurance for rented properties


no motor vehicles are excluded - it would be covered under your auto policy provided you have comprehensive coverage.


Homeowners Insurance is "Property" insurance not health insurance, it is not designed to replace medical or health coverage. You would need to review your policy language or contact Insurance Agent to determine if any coverage is available under your property insurance policy.


Yes, there should be coverage on your policy.


Yes a furnace is covered property under a homeowners insurance policy. However, the key to whether the policy will pay for damage is the cause of the damage. This is always the key to coverage.


No, they are not the same. HOA - Basic Coverage, is a Homeowners Insurance Policy Form "A", Also known as a HO1 policy. The HOA is the most common home Policy Form purchased in the United States. It is usually based on ACV valuation rather than on Replacement valuation in the event of a claim. Although it is generally the most affordable Home Insurance one can buy, it also tends to offer minimum coverages. HO2 - Extended Coverage, Also known as an HOB or Homeowners Policy Form "B" HO3 - Broad Coverage, is also Known as an HOC Policy, Homeowners Insurance Policy Form "C". The HO3 Home Insurance Policy is considered the Cadillac of Homeowners Insurance Policies offered in The United States. It is based on Replacement Coverage valuation and offers the broadest, most expansive coverage available but also is the most expensive.


It depends on why your being sued. If your homeowners insurance covers the act that caused the suit, then you should have legal defense costs coverage if you purchased liability insurance with your homeowners insurance policy. If you did not purchase liability coverage then your insurance company will not defend you.


Homeowners Windstorm InsuranceMost homeowners Insurance Policies come standard with Windstorm Coverage unless you are in certain high risk areas. If your policy does not already have windstorm coverage and you need or prefer to have it you should contact your Insurance agent to ask about adding it to your policy.If the company you are currently with does not offer t he coverage for your area you may need to purchase through another provider.


Ho4 means it's a renters policy ho3 is a homeowners policy ho6 is a condo policy dp3 is a rental property (landlord coverage)


There is no requirement, but your mortgage company may require a certain amount of coverage that both policies will have to match.


It is unlawful to intentionally under insure your home. Your insurance company is required to review your homeowners policy regularly to insure that you are properly insured and that your homeowners policy is in compliance with the law as well as the terms of any associated mortgage note.


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.


No. Homeowners insurance specifically excludes all coverage for any 4-wheeled self propelled vehicle with few named exceptions like a lawn mower. The only coverage that would cover this loss is if you have an auto policy with physical damage coverage on the policy.


No, You'll have to seek coverage for the Car under you Auto Insurance Policy. Now if the garage door was damaged then your Homeowners policy may fix it if it is below your deductible.


Coverage for small vehicles like that really varies from policy to policy. In my experience motorized vehicles that are street legal are not provided coverage by homeowners policies. Golf carts, ATV's (not hitched to a trailer) , Riding mowers etc.. are provided coverage.


Slashed tires coverageYou will need to file the claim under your Auto Insurance policy. Your homeowners insurance does not pay for car damage. That's what auto insurance is for.


No. The medical coverage and liability sections of a homeowners policy do not contain any deductibles. These sections do not cover the homeowner or any household residents.


Purchase Extended Coverage that includes Wind and Hail losses with your Homeowners Insurance Policy. This way future losses will be covered.



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