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All You Ever Wanted to Know About InsurancePersonal Insurance: Home InsuranceGeneralHOMEOWNERS – What coverage is provided?A Homeowners insurance policy contains property, liability and other coverages packaged together to provide all the basic protection needs of the “average” home owner at low discounted rates. However, not all Homeowners insurance policies are the same. Coverage and pricing can vary greatly from company to company and state to state. NOTE: It is important to tailor your Homeowners coverage to your own specific needs with specialized endorsements. Your AMERICAN INSURANCE agent will work closely with you to review and explain all your coverage options and help you select your preferences. For more information see Homeowner Insurance. If you have a coverage question please contact us. A Homeowners insurance policy is arranged into these main coverage categories:
Coverage A – Dwelling
Coverage E – Personal Liability
Replacement Cost coverage on dwellings, structures and contents. Other Homeowners policy categories include:
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« Back to Personal Insurance - Home Insurance Which of the following would not be an insured under section II of the homeowners policy?Section II provides coverage for "bodily injury" and "property damage," but not coverage for "personal injury," which includes acts such as libel, slander and false arrest among others. You can add an endorsement, Personal Injury (HO 24 82 10 00) to the Homeowners Policy to add coverage for personal injury claims.
What does a HO 2 cover?The HO2 policy is a named-perils only insurance policy which means that it covers both your dwelling and personal property from damage caused by events, or perils, specifically named in your policy and nothing else. Some of the common named-perils found in an HO2 policy include: Theft. Fire or Lightning.
Which of the following could be covered by a homeowners policy?Standard Homeowners Insurance Coverage. A standard homeowners insurance policy provides coverage to repair or replace your home and its contents in the event of damage. That usually includes damage resulting from fire, smoke, theft or vandalism, or damage caused by a weather event such as lightning, wind, or hail.
Which additional coverage is found in the homeowners broad form HO 2 quizlet?The HO-2 provides broad coverage for the dwelling and personal property and provides Vandalism Malicious Mischief coverage. The additional coverage for loss of lawns, plants, trees, and shrubs in homeowner policies is limited to: The maximum coverage for any one tree, shrub, or plant is $500.
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