Is theft a covered peril?
Is theft a covered peril?
Covered perils include fire, lightning strikes, windstorms and hail, weight of snow or ice, theft, and vandalism. Your homeowners insurance also lists perils not covered by your policy.
Which area is not protected by most homeowners insurance?
2. What’s NOT Covered On a Standard Homeowners Insurance … Earthquake and water damage. In most states, earthquakes, sinkholes, and other earth movements are not covered by your standard policy.
Why is lemonade insurance so cheap?
Why is Lemonade home insurance so cheap? Lemonade Insurance offers low prices potentially because of the structure of its platform. Groups of customers pool their premiums into one collective pot that is drawn from when a claim needs to be paid out.
