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What does loss assessment mean on a homeowners policy?

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2014-10-06 20:19:50
2014-10-06 20:19:50

Loss assessment on a homeowner's insurance policy is protection against getting sued for a person being injured on the property. This is a common insurance that condominium owners need to protect themselves from lawsuits for someone being injured in the common areas of the condominium complex..

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You mean cover the owner who is listed on the policy? =No!

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

not sure what you are referring to as a ''property'' insurance policy........ homeowners policy, direct physical loss would mean......(the key here is ''direct''), the tree fell on the house causing a 'direct' loss to the roof, and an ''indirect'' loss to the interior dwelling from the rain that came in.......if you could be more specific I'll try and help more..........

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I assume you mean your friends homeowners policy & no it probably won't be covered.

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Not sure what you mean by "Bad Masonite siding"?.. If you mean they did a "bad job" installing the siding. No, Homeowners insurance does not cover poor quality or workmanship of the contractors we choose to hire.

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It's referencing your House insurance. Homeowners insurance is also known as a Home Hazard Insurance Policy.

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Abandonment means "to abandon". In other words, the house is not vacant because there are still personal belonging in it, but there is no one occupying the home. It and its contents have been abandoned.

per-assessment mean

To emphasize your self assessment would mean to put more effort into describing how you view yourself. Make your self assessment the most important part of what you are writing. Your self assessment is (in your own words) how you would describe yourself, your views, your individuality.

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