No. Homeowners Insurance does not cover the owners default on a mortgage note.
hazard insurance is another way to say homeowners insurance - they should be referring to the same thing
Homeowners insurance does not cover your mortgage if you become disabled. You would need to obtain mortgage protection insurance for that.
Which of these provides the funds needed for expenses such as property taxes, homeowners insurance, mortgage insurance, etc.?
Simply put, you can save on homeowners insurance by opening a multi-line policy with your auto insurance, lowering your risk a number of different ways, and comparing homeowners insurance quotes online. Here is a comprehensive article I found on saving on homeowners insurance: http://www.insuranceagents.com/multiple-quotes.html
No. Homeowners Insurance does not coverage for automobiles.
NO, But they can get Renters or Tenants insurance
No it does not. Homeowners insurance covers your home, property and liability excluding your auto. Your auto comprehensive coverage will protect you for fire, theft, striking an animal and....vandalism.
No, but if he owns a home he can buy his own insurance, or he can buy tenants insurance if he does not.
it might. read it and find out.
No, your homeowners insurance does not cover tenants nor any of their property or liabilities. actually, the presence of tenants without the presence of an owner can void all coverage and nullify the homeowners insurance policy. If the occupancy status of your home changes, contact your agent. Leased homes require landlords insurance. Vacant homes require a vacant property policy.
Any damage to the association building can be collected through the tenants of the association. The tenants insurance will pay a limited amount for the repairs.
No. Homeowners insruance excluded residents of the property. Their medical insurance is responsible for this only.
No. Homeowners policy specifically exclude automobiles. //
You will need to check your insurance policy. Some cover vandalism and some do not. If you bought a HO3 broad all risk policy, Although it costs a little more, it will have vandalism coverage automatically included. If you bought one of the more economical forms HO1 or HO2 home insurance policy, you will need to look on your policy declarations page for the word "vandalism". Alternatively you can call your insurance agent and have him or her review your policy for coverage.
much greater chance of arson/vandalism. AND because people are more protective of the house they are actually living in.
You would need to file a police report and file a vandalism claim.