What are the six categories typically covered by homeowners insurance?
What are the six categories typically covered by homeowners insurance?
Generally, a homeowners insurance policy includes at least six different coverage parts. The names of the parts may vary by insurance company, but they typically are referred to as Dwelling, Other Structures, Personal Property, Loss of Use, Personal Liability and Medical Payments coverages.
Which of these are not usually covered by homeowners insurance?
Termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear and tear are not covered. Damage caused by smog or smoke from industrial or agricultural operations is also not covered. If something is poorly made or has a hidden defect, this is generally excluded and won’t be covered.
What are the 2 types of home insurance?
Types of Home Insurance in India Standard Fire and Special Perils Policy. …Home Structure/Building Insurance. …Public Liability Coverage. …Personal Accident. …Burglary & Theft. …Contents Insurance. …Tenants’ Insurance. …Landlords’ insurance. More items…
