What’s another name for homeowners insurance?
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.
Will insurance cover foundation leaks?
It will cover a foundation leak only if the leak occurred due to a covered cause. For example, if the plumbing in the soil surrounding the home leaks and cracks the foundation, the underlying cause is a covered plumbing issue. The foundation leak would be covered. Nov 22, 2021
Does homeowners cover ground movement?
The truth is, most homeowners policies do not cover “earth movement” events. In fact, they’re frequently named as an “excluded peril” — a fancy name for a listed event — that is not insurable.
