General insurance Homeowners insurance policy

[Phabbyfundz]

The typical home owners insurance policy covers the house, the garage as well as other structures on the property including other personal possession inside the house such as furniture, appliances and clothing's, against a wide variety of perils including windstorm, fire and thefts. The extent of the peril covered depends on the type of policy.
An all risks policy offers the broadest coverage. These policy covers all perils except those specifically excluded in the policy. Homeowners insurance also covers additional living expenses. Known as the loss of use, this provision in the policy reimburses the policy holder for the extra costs of living else where while the house is been restored after a disaster. The liability portion of the policy covers the home owners for accidental injury.

 

[btaliat]

This is a must have insurance policy for the house owner owing to the fact that the insurance still covers the things that the house owner still put in the house makes it superb. But if the house owner gives the house for rent, will it still cover the tenants items in the house?

 

[Mandy96]

Well this type of insurance is a good one but it is actually not the kind everyone can buy because it chooses its clients. What I mean by this is that it is only liable to homeowners just as the name of the policy describes it. I wouldn’t deny the fact that it is helpful though

 

[Mr Done]

The typical home owners insurance policy covers the house, the garage as well as other structures on the property including other personal possession inside the house such as furniture, appliances and clothing's, against a wide variety of perils including windstorm, fire and thefts. The extent of the peril covered depends on the type of policy.
An all risks policy offers the broadest coverage. These policy covers all perils except those specifically excluded in the policy. Homeowners insurance also covers additional living expenses. Known as the loss of use, this provision in the policy reimburses the policy holder for the extra costs of living else where while the house is been restored after a disaster. The liability portion of the policy covers the home owners for accidental injury.

This is a good form of insurance wmfor house owners, but for how long doea the insurance last? And does it cover for tenants who rents the house? The thing about some of these insurances is that it doesn't last and after buying it sometimes it feels worthless buying it because you end up facing no peril.

 

[Chibson]

Homeowners insurance is very much important for people that own homes because it leaves coverage and protection to their property. the furniture and other structures inside the house is definitely covered by such insurance. This kind of insurance can go a long way in giving your coverage in terms of fire incidents or other damages.

 

[Nite]

Homeowners insurance policy is a very useful insurance policy, because it financially protects us in the event of some accident or disaster involving your home. Additionally, homeowners insurance package policies coverage not only includes property damage, but also liability protection, that is legal responsibility for any injuries or property damage to others caused by you.