What is an HO 2 policy?
What is an HO 2 policy?HO2 Insurance Policy Explained The HO2 policy is a named-perils only insurance policy which means...
HOME
What states have the most insurance claims?
What states have the most insurance claims?Home insurance losses by state Rank State Average losses (2015-2019) 1 California $10,733,309,200 2...
Can I claim for a new front door on house insurance?
Can I claim for a new front door on house insurance?Usually, yes. A front door and its locks are considered...
What are the 3 principles of insurance?
What are the 3 principles of insurance?Principles of Insurance Insurable Interest. Utmost good faith. proximate cause. Indemnity. Subrogation. Contribution. What...
What are the three main types of property insurance coverage?
What are the three main types of property insurance coverage?There are three types of property insurance coverage: replacement cost, actual...
What is insurance simple words?
What is insurance simple words?1 : an agreement by which a person pays a company and the company promises to...
What is hoi rate?
What is hoi rate?In the U.S. as a whole, the average cost of homeowners insurance is $1,680 per year and...
Why should you purchase insurance?
Why should you purchase insurance?It provides protection against theft, damage from perils like fire and water, and financial responsibility that...
What to do after house is paid off?
What to do after house is paid off?Other Steps to Take After Paying Off Your Mortgage Cancel automatic payments. ...Get...
What is not protected by most homeowners insurance?
What is not protected by most homeowners insurance?Termites and insect damage, bird or rodent damage, rust, rot, mold, and general...
