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It depends on your policy form. Homeowners policies come in the following policy forms: HO-1, HO-2, HO-3, HO-4, HO-5, HO-6, HO-8, HO-10. Then there are also endorsements to add or delete coverage from your policy. If you tell me what basic form you are refering to then I can tell you the Section One coverages.
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If someone pays his home insurance for the entire year and then sells it will his policy cover the new owner if the house is damaged after the sale?
No. Insurance policies are non-transferable. Your home insurance policy automatically became null and void the moment it was sold. No damage after the transfer will be covered under the previous owners policy. The new property owner must apply for and qualify for his own insurance policy based on his own merit.
What does home owner insurance not cover?
There are millions of things that a homeowners insurance policy does not cover. To find out what it does cover just read your policy, anything not on there is not covered.
What kind of insurance policy can you get to cover your one eight interest in a home you do not live in?
The type of Insurance Policy you need is dependent on the use of the property. Whether it is residential or commercial all the joint owners should be listed on the insurance Policy as holders of interest in the property. This is the proper way and the most cost effective way to cover each of the joint owners shared interests in the property on one policy. The type of policy will usually be a "Dwelling Policy".
Can insurance comanys pay for living somewhere else while a damaged home is being repaired?
If your policy contains "Loss of Use", Yes. this is the portion of your policy that provides for temporary living expenses while your home is being repaired from damages that resulted from a covered loss.
Can you Insure a home you don't own?
Insuring a Home You do not own.You can purchase a policy for a home you don't own but the legal owner must be listed as the Covered Person. Otherwise the Insurance Contract is invalid and no claim would be paid.
Is a stolen motorcyle covered under home owners insurance?
No. It covered under a motorcycle policy.
Is water damage covered by a homeowner's policy?
home owners always need to pay their water policy.
Is a damaged pool covered under home owners insurance?
It depends on your insurance policy
Where can contents insurance be obtained for tools stored in a garage?
I have my contents covered on my home owners policy.
Day labor covered by home owners policy?
Hired Workers not covered by Homeowners InsuranceNo. They would be covered by their employers Worker Compensation coverage.
Are my children's musical instruments covered by our home owners policy?
This will vary from policy to policy but generally musical instruments are covered. You should check to see if there are any limits on an item's value or any specific clauses in your policy.
Does home owners insurance cover repair of garage doors?
If your garage doors were damaged by a covered peril as defined by your home insurance policy then the door would be covered.
Will a home owners policy cover a motorcycle burned in a fire?
If the motorcycle was inside the garage of the house, most likely it will be covered. Check your policy.
What does home owners insurance protect the home from?
It is based on the covered perils of your individual policy. The number and type of covered perils varies greatly from policy to policy, company to company, and endorsement to endorsement. It is pretty standard that most policies at the very least cover Fire, Theft, Wind, and Hail. Some policies cover much much more, such as Water, Collapse, Riot. If you have a policy, look at the covered perils section. If you don't have a copy of your policy call your agent and request one.
Personal property is covered under what peril?
The listed perils (barring exclusions) in your home owners or renters policy.
Is a barn under construction covered by home owners insurance?
No, Buildings under construction are covered under a builders policy. After the building or other structure is completed you can then schedule it on your homeowners insurance policy for coverage.
Will your home owners insurance cover stolen wedding ring?
If it is scheduled on your policy and premium was paid, the wedding ring would be covered for the perils specified on the policy.
