Homeowners
This policy typically covers the house you live in, your personal belongings, and personal liability.
What is a homeowners policy.
This policy is commonly used for a home that is not owner-occupied, such as a rental or vacant dwelling.
What is a dwelling fire policy?
This policy provides extra liability protection above the limits of your underlying insurance.
What is an umbrella policy?
This type of insurance protects against direct physical damage caused by flooding from an outside source.
What is flood insurance?
This is the amount of money you pay for an insurance policy, usually on a monthly, quarterly, or annual basis.
What is a premium?
The coverage line of a homeowners policy that would cover any damage to your belongings in the event of a covered loss.
What is Coverage C - Personal Property?
This coverage protects the structure of the dwelling itself.
What is dwelling coverage?
What is the minimum coverage limit for a personal liability umbrella?
What is $1 million?
What is private flood?
This is the legal contract between the insured and the insurance company.
What is a policy?
This coverage protects against claims that someone is injured on your property.
What is personal liability coverage?
What dwelling fire form would be good for a hunting shack with no heat or plumbing?
What is a DP-1 form?
What all can be covered under an umbrella policy?
What is auto, home, land, and boats?
What all needs to be included in the number of floors when quoting flood insurance?
This is the process of reviewing and evaluating risk before an insurance company issues a policy.
What is underwriting?
This is the amount you pay out of pocket before the insurance company pays on a covered claim.
What is a deductible?
This type of policy is often used when the property owner does not need the broader coverages found in a homeowners policy.
What is a dwelling fire policy?
This type of policy is often used to protect a person’s assets from a major lawsuit.
What is a personal umbrella policy?
If water comes up through a drain in the basement, is that considered flood?
No
This term refers to the amount of loss or damage that the policy will pay for, subject to the policy terms.
What is coverage?
What coverage form is the most popular when quoting a homeowners policy?
What is HO-3 form?
What type of policy can be used to write a short term rental, VRBO, or AirBNB?
What is a dwelling fire policy?
What can keep someone from qualifying for a personal umbrella policy?
This type of event can cause water to enter a home from overflowing rivers, heavy rain, or storm surge.
What is a flood?
This term means the person or business protected by the insurance policy.
What is the insured?