How many types of home insurance policies are there?

How many types of home insurance policies are there?

eight different typesThere are eight different types of homeowners insurance policies for various home types and coverage needs: the HO-1, HO-2, HO-3, HO-4, HO-5, HO-6, HO-7, and HO-8. Mar 16, 2022

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.

What’s another name for homeowners insurance?

Home insurance, also commonly called homeowner’s insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence.

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