What is Home Insurance?
Definitions of home INSURANCE:
- home insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it.
home insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.
Damage caused by most disasters is covered but there are exceptions. The most significant are damage caused by floods, earthquakes and poor maintenance. You must buy two separate policies for flood and earthquake coverage. Maintenance-related problems are the home' responsibility.
www2.iii.org/individuals/homei/hbasics/whatis/
- home insurance is one of the most popular forms of personal lines insurance on the market today. The typical home policy has two main sections: Section I covers the property of the insured and Section II provides personal liability coverage to the insured. Almost anyone who owns or leases property has a need for this type of insurance. And many times, home insurance is required by the lender as part of the requirements in obtaining a mortgage.
biz.yahoo.com/edu/in/iw_in8.iw.html
- Whether you own your own home or whether you rent, you should have a homeowner's insurance policy. Your home and its contents are an important part of your life that can become damaged or totally destroyed by circumstances completely out of your control. If that happens and you do not have home insurance, then you are left with nothing. With a homeowner's insurance policy, you will be able to recoup your losses and get started again.
www.isse.org/what-is-home-insurance.html
- It's a comprehensive package of protection against financial losses relating to your home and its contents. It also protects you financially from personal liability if someone has an accident in your house or on your property, or if you are away from home.
www.cpcusociety.org/page/53696/index.v3page
- home is one of the most popular forms of personal insurance on the market. The typical home policy has two main sections: Section I covers your property, and Section II provides personal liability coverage (to cover you in case of lawsuits arising from things that happen on your property). Almost anyone who owns or leases property should have this type of insurance. Often, home insurance is required by lenders as a requirement to obtain a mortgage.
rmictr.gsu.edu/FAQS/home.htm
- Insurance that protects the homeowner from "casualty" (losses or damage to the home or personal property) and from "liability" (damages to other people or property). home insurance is required by the lender and is usually included in the monthly mortgage payment.
www.waldencountry.com/terms.htm
- Real estate insurance protecting against loss caused by fire, some natural causes, vandalism, etc., depending on the terms of the policy. Also includes coverage such as personal liability and theft away from home.
www.landmarktitlekenosha.com/glossary.html
- Insurance that covers medical expenses or health care services.
www.guardfamily.org/B06/B0601/A0001_D/glossary/bhs04_glossary.html
- An insurance policy that combines liability coverage for a homeowner with hazard insurance to protect the home from wind, fire, vandalism, and other hazards.
www.cefcu.com/html/member/m_terms.shtml
- Insurance that protects a homeowner against financial loss resulting from damage to or destruction of the insured home. home insurance also covers personal property possessions and provides compensation for liability claims, medical expenses, and other claims that result from property damage and personal injury suffered by others.
www.banknorth.com/insurance/insurance/glossary_f_j.html
- Home insurance, or home insurance, is an insurance policy that combines insurance on the home, its contents, and, often, the other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home.
en.wikipedia.org/wiki/home_insurance