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Can a homeowner purchase an insurance policy to protect an above ground swimming pool from winter damage or can a rider be attached to their current homeowner's insurance policy?
Wiki User
∙ 8y ago
Depending on the insurance company, you may be able to acquire "Collapse of Above-Ground Pool" endorsement. Which covers exactly what it says, the collapse of the above ground pool
Check with your agent. The coverage is not cheap either. Here in Chicagoland, about 250 / year
SJ
I think ours is simply a rider policy. Ours is included in the hurricane coverage!
Wiki User
∙ 8y ago
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Can you get insurance if your not the homeowner?
Yes, It is possible to purchase insurance on behalf of the owner. The Homeowners insurance policy must be in compliance with local law. The legal owner must be the beneficiary and must be listed as the loss payee for the insurance contract to be valid.
Does a homeowners insurance covers workmanship defects?
Homeowner insurance doe snot cover quality of workmanship provided by your builder. The builder would have his own Commercial policy to cover the contractors work. Most homeowners also purchase a Home Warranty for this type of loss.
Can you buy the amount of homeowner insurance you want?
Insured Property ValuationIn the united States there are two valuations that can be used to purchase your homeowners insurance coverage. ACV (Actual Cash Value) or RC (Replacement Value). If you are wanting to insure just the amount you we on a finance or mortgage note, That would be called mortgage insurance, not homeowners insurance..
Homeowner's Insurance Takes the Worry out of Homeownership?
After purchasing a house, the homeowners will also need to purchase a homeowner's insurance policy. The purpose of the homeowner's policy is to repair the damages that occur when there is a flood, for example. The house may also be completely destroyed if there is a fire. A good homeowner's policy will pay to rebuild the house in case of these circumstances. Homeowner's policies typically cover damage that occurs due to fire, lightning, hail and wind. Flooding is commonly not covered under the standard homeowner's insurance policies. Earthquakes also may be the type of peril that isn't covered under these policies. If homeowners live in an area where these disasters are likely to occur, they may purchase extra coverage that specifically names these perils as covered under their policies. Homeowners have a choice as to how they would like to be paid after their homes have been destroyed by one the perils listed above. They may receive the amount of money that the house was worth at the time it was destroyed. What will make the policy more costly would be the other option; homeowners can choose to receive the full amount it would require to rebuild the house completely as it was before it was destroyed by fire. This may be the more advantageous option for homeowners. When a house is completely destroyed by a disaster such as a fire, everything within it will also need to be replaced. Furniture, clothes and personal items will be unsalvageable. The homeowner's insurance policy will pay to repair or rebuild the house as well as replace everything that was in the house. The other part of a homeowner's insurance policy is liability coverage. Liability coverage is needed in the event that an accident occurs on the property. For example, guests to the home could experience an accident on the homeowners' property and sue the homeowners for payment of their medical bills. The liability coverage will pay the homeowners' legal bills. If the other party wins the lawsuit, the liability coverage will also pay what is ordered of the homeowners. Part of the cost of a house is the homeowner's insurance policy. People who purchase a house cannot be without it. Homeowners who resist purchasing homeowner's insurance will be very happy they have if there is ever a fire that completely destroys their homes. Their lives will be temporarily disrupted but with a good homeowner's insurance policy, they will be able to put their lives back together one day.
Does an owners liability insurance cover damages to contents of renters property if the homeowner is negligent?
No, a homeowners insurance policy does not provide coverage for the property of a tenant. That's what "Renters Insurance" is for.If the renter chose not to purchase a renter insurance policy, Then the renter was negligent to the extent that the renter chose not to purchase a renter insurance policy, perhaps with the mistaken belief that the owners policy would cover them.
Does homeowners insurance or boat insurance cover your purchase of a boat if it was sold under fraud?
No, they get mad at you.
Does homeowners insurance cover renter's property if you rent the house?
No. They must purchase their own renter's insurance. The homeowners policy for a rental only covers the physical property.
Attic mold will homeowners pay for cleaning it?
It is the homeowner's responsibility to clean any mold from the house before you purchase it. It should be in writing.
How do you find your neighbors homeowners insurance for liability?
You will just have to ask them for the insurance information. there is no central registry or database for homes and the insurance companies that insure them. You should first determine if your neighbor even has Liability insurance. Not all homeowners purchase liability coverage with their insurance policy. A home insurance policy can be bought with or without liability coverage. If the homeowner has elected liability coverage, The homeowners insurance policy will provide the homeowner with legal defense for the cost of defending against a suit that is brought against them claiming liability on the part of the insured. If the Insured is found at fault or liable in court, then their insurance company will cover the cost of those liabilities up to the specified policy limits. Alternatively you can sue your neighbor. Then If your neighbor has Liability coverage on his home insurance policy, You will then meet your neighbors insurance company attorneys in court.
I am a first time homebuyer and I was wondering is Flood Insurance covered with Home Insurance?
No, you are not protected from a flood with your basic homeowners insurance. Most companies that sell homeowners insurance will probably sell flood insurance as well, but it will be it's own purchase.
Where can you buy AAA Homeowners insurance?
Anyone can purchase AAA Homeowners insurance either online, over the phone or at a AAA corporate office in your area. You can get quotes using any of these.
What to do if you're denied a homeowners insurance claim for hail damage?
Purchase Extended Coverage that includes Wind and Hail losses with your Homeowners Insurance Policy. This way future losses will be covered.
