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What is another name for insurance policy?

In this page you can discover 28 synonyms, antonyms, idiomatic expressions, and related words for insurance, like: coverage, security, protection, life insurance, accident insurance, liability-insurance, premiums, support, guarantee, backing and allowance.

What is the meaning of home insurance?

What Is Homeowners Insurance? Homeowners insurance is a form of property insurance that covers losses and damages to an individual's residence, along with furnishings and other assets in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property.

What are the 4 major categories of coverage in homeowners insurance?

A standard policy includes four key types of coverage: dwelling, other structures, personal property and liability. If your home is damaged by a covered event, like strong winds, dwelling coverage can help pay to repair it.

What's another name for home insurance?

Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence.

What are the words related to insurance?

insurance allowance. coverage. guarantee. assurance. backing. cover. indemnification. indemnity.

sample homeowners insurance declaration page

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What are 3 things that could make home insurance go up?

9 Factors That Jack Up the Cost of Home Insurance Learn What You Can Control. 1/10. ... Location, Location, Location. 2/10. ... Home Age and Construction. 3/10. ... Remodeling and Risk. 4/10. ... Home Business. 5/10. ... Personal Profile. 6/10. ... Likelihood of Fire. 7/10. ... Coverage Type. 8/10.

What are the 3 basic levels of coverage that exist for homeowners insurance?

Key Takeaways. Homeowners insurance policies generally cover destruction and damage to a residence's interior and exterior, the loss or theft of possessions, and personal liability for harm to others. Three basic levels of coverage exist: actual cash value, replacement cost, and extended replacement cost/value.

What are 2 things not covered in homeowners insurance?

What Standard Homeowner Insurance Policies Don't Cover. Standard homeowners insurance policies typically do not include coverage for valuable jewelry, artwork, other collectibles, identity theft protection, or damage caused by an earthquake or a flood.

What is typically covered in a homeowners policy quizlet?

Typical homeowners insurance policies offer coverage for damage caused by fires, lightning strikes, windstorms and hail. But, it's important to know that not all natural disasters are covered by homeowners insurance. For example, damage caused by earthquakes and floods are not typically covered by homeowners insurance.

What are the four basic categories of coverage in a homeowners policy?

In short, homeowners insurance helps protect you, your home and your belongings from a variety of unexpected events. A standard policy includes four key types of coverage: dwelling, other structures, personal property and liability.

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What are 3 things that could make home insurance go up?

What are the 3 basic levels of coverage that exist for homeowners insurance?

What are 2 things not covered in homeowners insurance?

What is typically covered in a homeowners policy quizlet?

What are the four basic categories of coverage in a homeowners policy?

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