Content Overview
- Summary
- What Is Homeowners Insurance?
- What Risks Does A Homeowners Insurance Policy Cover?
- What Types Of Homeowners Policies Are There?
- What's Losses Does A Homeowners Policy Cover?
- How Much Of A Loss Will A Homeowners Policy Pay?
- What Is A Personal Article Floater?
- What Types Of Personal Property Doesn't My Homeowners Policy Cover?
- Am I Covered For Floods?
- What Is Liability Insurance?
- Am I Covered If My Dog Bites Someone?
- What is Fire Insurance?
- Is My Home-Based Business covered?
- Will A Homeowners Policy Cover The Rent I Might Lose If I Can't Rent To Tenants As Usual?
- Does A Homeowners Policy Cover My Second Residence?
Homeowners Insurance FAQs
What Risks Does A Homeowners Insurance Policy Cover?
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There are two types of Homeowners policies are "all risk" and specified risks.
- "All risk" insurance covers loss from every risk -- except for risks which are specifically excluded. For example, all risk policies generally exclude losses resulting from war or a nuclear accident. If the policy does not say specifically say that losses from war are excluded, they would be covered.
- Specified risk policies only cover a loss from specifically described risks. For example, a policy may cover losses due to fire, theft, or lightning. If there is damage, but it is not due to one of the listed risks, it is not covered.
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