Which of the following would be covered under a standard homeowners policy?
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.
Which of the following does a standard homeowners insurance policy cover 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.
Which area is not covered by most homeowners insurance?
Most homeowner policies provide coverage that does not apply to animals, birds, fish, automobiles and business property; for loss or damage caused by flood, surface water, water which backs up through sewers or drains, earth movement, nuclear damage, war, etc.
What's not covered by standard homeowners insurance?
The standard homeowners insurance policy, also known as an HO-3, covers your home for multiple perils, but there are some important exclusions. Knowing what's covered and what isn't can save you a lot of money and heartache down the line. In most states, earthquakes, sinkholes, and other earth movements are not covered by your standard policy.
What are additional coverages in a homeowners policy?
Additional coverages in the liability section of a homeowners policy over all of the following EXCEPT Claims expense Expenses the insured incurs rendering first aid for bodily injury to third parties
What is a standard homeowners insurance policy?
The standard homeowners insurance policy, also known as an HO-3, covers your home for multiple perils, but there are some important exclusions. Knowing what's covered and what isn't can save you a lot of money and heartache down the line.