Homeowners Insurance Definition Types. If you need homeowners insurance or renters insurance, you may be mystified by the buffet of alphabet soup being served up by insurance companies. However, your policy may exclude certain perils, depending on where you live and what kind of insurance you have.
A clause in an insurance policy that indicates that the insurer will only cover the least expensive option for treatment, repair, or remediation. For example, a common coverage amount is $100,000. Below are the most popular home insurance policy options.
While homeowners insurance covers many types of disaster related damage, there are exceptions.
Homeowners insurance comes in several standard forms. What does homeowners insurance cover? If you need homeowners insurance or renters insurance, you may be mystified by the buffet of alphabet soup being served up by insurance companies. A standard homeowners insurance policy includes the following coverages: