Cheater’s Guide to Homeowners Insurance Policies
Introduction to Homeowners InsuranceThere are multiple risk exposures in home ownership. Not only is the potential loss or damage of the residence a factor, but there...
Homeowners Insurance Policies: Coverage A
Coverage A, Dwelling, attached structures coverage: Dwelling and attached structures are included. Structures under construction as well as building materials located on...
Homeowners Insurance Policies: Coverage B
Coverage B, Other structures, separated structures:Covers all detached structures, i.e. storage shed, detached garage, fence, gazebo, etc. Under HO3, combined covera...
Homeowners Insurance Policies: Coverage C
Coverage C, Unscheduled personal property:Covers personal property that is owned and used by the policyholder. Property does not have to be located at residence, but...
Homeowners Insurance Policies: Coverage D
Coverage D, Loss of use:Covers costs of losses when dwelling is unable to be occupied. This can be due to either damage or partial damage to the home, evacuation due...
Homeowners Insurance Policies: Coverage E
Coverage E, Personal liability:Covers costs up to liability limit for defense costs, accidental damages and other related costs resulting from damage to property or i...
Homeowners Insurance Policies: Coverage F
Coverage F, Medical payments:Covers medical expenses for third-parties injured both on the premises (with permission) and off the premises. Injuries on the premises...
Coverages Available for Homeowners Insurance Policies
[H]omeowners policies provide six main types of coverage, labeled A-F. Other minor coverages are often written into the policy. Coverages are typically based on dwelling...
Introduction to Homeowners Insurance
[T]here are multiple risk exposures in home ownership. Not only is the potential loss or damage of the residence a factor, but there exists the possibility of damage to d...