answersLogoWhite

0

What is insurance for a house?

Updated: 8/17/2019
User Avatar

Wiki User

13y ago

Best Answer

Generically, it is referred to as homeowners insurance. There are various types of it, such as that which:

1. Covers the building itself;

2. Covers the building and contents;

If you are asking about cost, there are many variables involved. Some include:

1. The geographic location of the home, as premiums vary by state and within states;

2. The insurer;

3. The amount of insurance on the structure, which may be a function of the value of the building;

4. The amount of the deductible, which is the amount that the insured must pay toward a covered loss before the insurer's obligation to pay is triggered;

5. The existence and amount of contents coverage (such as for furniture);

6. Whether the home of used as your primary residence, as a secondary residence, or as rental premises.

Your best bet is to contact a local experienced and licensed property insurance agent or broker to discuss the specifics of your needs. In all events, be sure that any insurance that you buy is issued by an insurer that is authorized (licensed) to transact business in your state. That information may be obtained by contacting the state insurance regulatory authority.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is insurance for a house?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

House insurance in Florida?

Yes, They have house insurance in Florida.


What are a few insurance companies that offer public house insurance?

There are several insurance companies which are able to offer public house insurance such as the following corporations: Public House Insurance and Simply Business.


How can one get a guest house insurance?

Guest house insurance is quite an unpopular insurance however, it is not difficult to obtain. There are a huge number of insurance companies that offer insurance, including guest house insurance, such as 'Direct Line' and 'Premier Line'.


How do I get a house insurance estimate?

The best way to get an estimate on house insurance would be to go to your choice of insurance companies. Then you have to start an account there, and they will come out and assess your house.


Why should you have insurance if it paid for house?

if you paid cash for the house do you need homeowners insurance


If owner of a house dies does insurance pays off house?

Only if they had mortgage insurance.


Does a representative have to come out to a house in order to give insurance quotes?

If you are looking for insurance for your house then yes, normally an insurance broker or representative would have to come out to your house and analyze it.


Where can i get a house insurance estimate?

In order to find a house insurance estimate which can be compared to your current insurance right now, contact your insurance agent or check on the computer.


What exactly is house contents insurance?

House contents insurance provides insurance coverage for the possessions in your house in case of fire, theft or other damages. If you have a lot of things or your possessions are worth a lot of money you should have this type of insurance.


What is different about AA house insurance than any other one?

The difference between AA house insurance is that compared to other insurance providers, AA provides more coverage for one's house for the cost of such a insurance policy.


How does one get insurance for the contents in their house?

One can get insurance for the contents in their house by signing up either for home contents insurance or fully comprehensive insurance. One can get such insurance from all the leading insurance providers such as Wells Fargo and MetLife.


What are the functions of house insurance?

Home insurance protects our home property loss.You can get information from the great search engine "Google" about the functions of house insurance .