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What else can I help you with?
Does homeowner insurance cover someone else property also from theft?
No. A homeowners insurance policy is specific to the property of the named insured.
What is a Additional named insured?
Individual added to a life insurance policy other than the insured named in the policy. For example, an insured father can have a dependent son and daughter added to the policy as additional insureds. In many instances, adding an additional insured to an existing policy is less expensive than purchasing a separate policy for that insured. In property and liability insurance: another person, firm, or other entity enjoying the same protection as the named insured.
How is renter's insurance different from homeowner's insurance?
Normally, renter's coverage applies only to the contents of the dwelling (furniture, for example). In contrast, homeowner's coverage is much broader. It applies to the structure of the dwelling, contents, and typically has an element of liability coverage that provides protection to the insured in case a guest is injured, because of the insured's negligence, upon the insured premises.
Which type of insurance dose not build a cash value for the in sured?
Pure term life insurance. In this kind of policy, there is no cash value of the policy for the insured. The policy holder gets no tangible or monetary benefits as long as he/she is alive. Only the survivors of the insured can reap the benefits of this kind of policy. So, we can say that this type of policy has no cash value for the insured individual.
What is a co-insured?
Co-InsuredThe "Co-Insured" is another person or entity that is also covered under your insurance policy.
Is nanny covered in homeowner policy?
No. your nanny is not a named insured on your home insurance policy.
Insurance is said to follow the person not the property?
No, a homeowner's policy lists both a named insured and an insured location.
Can an insured be removed from a Homeowner's policy without their written permission?
Yes. The primary listed insured is also the owner of the policy. The primary insured can add or remove additional insureds as they see fit.
Does homeowner insurance cover septic tank failure?
Depends on the policy. You need to look under Perils Insured Against in your policy.
Does homeowner insurance cover someone else property also from theft?
No. A homeowners insurance policy is specific to the property of the named insured.
Does any part of a homeowners policy cover bail if a homeowner is arrested?
No. Insurance policies do not provide coverage for criminal activities of the insured.
Why doesn't your home insurance cover damage from a vehicle which is not insured under auto insurance?
That is not necessarily true. That is, if an uninsured vehicle runs into your house and causes damage to the house, your own homeowner's policy will generally pay for the repairs to the house. Naturally, payment will be subject to the terms, conditions and limitations of the policy. Further, the amount recoverable will be limited to the total amount payable under the homeowner's policy. If, instead, what you are asking is whether homeowner's insurance will cover damage to a vehicle, the answer is no. They are 2 different types of insurance covering 2 different kinds of risks. Premiums (the amount paid by the person insured) are determined by the nature of the risk(s) insured, the persons or entities insured, and the activities insured. Those factors differ between auto insurance and homeowner's insurance, so a total premium cannot be melded.
What type of insurance would cover expenses for someone injured on your property?
Public Liability Insurance is the ideal insurance that will cover someone injured on your property.This type of policy covers the insured's liability to members of the public. Such liabilities may arise as a result of the insured's business operation. The business being operated by the insured in his/her premises may at times lead to death, injury or accident to third parties, or damage to third party's property. Insured means policy holder.A bit more:Your homeowner's insurance policy will also include liability insurance if you have the right type of policy. Check with your homeowner's insurance company to see if you have that type of coverage.
Does homeowners insurance have to have the name of the owners on the policy?
The Named InsuredYes. It is a legal issue. A homeowner's policy insures the named insured for damage to their home. This assumes the named insured maintains an insurable interest in the house, meaning that they have not sold it to someone else. The policy cannot be transfered to a new owner.
Can you enroll in homeowner's insurance without spouse consent?
Yes, Either owner of a property can purchase a home insurance policy. It is recommended however, that you list all persons with a financial interest in the property as an insured on the policy.
Home currently not insured but had pipe to burst can insurance be purchased to help with repair?
Your homeowner's insurance will not cover any damage which occured prior to the time you purchased the policy.
Can a person sue a homeowner after suing the home insurance company for the same accident?
Generally No. If you have already sued the Home Insurance Company, then you have already sued by default the Homeowner. You can not have sued one without already having sued the other. If a property owner is liable to you for an accidental injury, The home owner may have insurance to cover those liabilities. The insurance company would not be the cause of an accident. If you sue an insured homeowner, their insurance company is only enjoined in the suit by virtue of the coverage provided to their insured home owner who has been sued. The homeowners insurance company may cover the cost of defense of the suit filed against the insured homeowner and may pay awards or judgments up to the limits of the homeowners insurance policy on behalf of that insured homeowner. Bear in mind that the Insurance Company is not liable for an accident, The insurance company may be liable for damages and awards based on assertions and finding of liability on the part of the insured homeowner. If your suit failed (or you Lost the suit), Then that means the homeowner was found not liable for your injuries. If you have accepted a settlement from the insurance company, that settlement will have settled your claims against the homeowner.
