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  2. Homeowners insurance vs. co-op insurance vs. condo ... - AOL

    www.aol.com/finance/homeowners-insurance-vs-co...

    When you buy a condo, you own the unit and likely need condo insurance to insure it properly. However, insuring a condo is more similar to a co-op than a home because you are only responsible for ...

  3. Does homeowners insurance cover plumbing? - AOL

    www.aol.com/finance/does-homeowners-insurance...

    Property coverage: Any personal property that is damaged by sudden and accidental water losses will typically be replaced up to your policy’s limit with this type of coverage. For example, if a ...

  4. Guide to homeowners insurance - AOL

    www.aol.com/finance/guide-homeowners-insurance...

    Water backup coverage: This endorsement provides coverage if your home’s sewer or water lines backup into the drain, toilets or showers from issues like clogged pipes or broken drains. These ...

  5. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    Building and contents coverage. Countries such as China, Australia, and the United Kingdom use a more straightforward approach to home insurance, called "building and contents coverage" commonly referred to as "home and contents insurance". Relative to the insurance policies of the United States, building and contents coverage offers a very ...

  6. What does homeowners insurance cover? - AOL

    www.aol.com/finance/does-homeowners-insurance...

    Water damage issues involving your sewage systems, such as an overflow or backup, are typically not covered, but that type of coverage can be purchased as an endorsement. And of course, damage ...

  7. Extended coverage - Wikipedia

    en.wikipedia.org/wiki/Extended_coverage

    Extended coverage is a term used in the property insurance business. All insurance policies have exclusions for specific causes of loss (also called "perils") that are not covered by the insurance company. An extended coverage endorsement (EC) was a common extension of property insurance beyond coverage for fire and lightning.

  8. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...

  9. How much homeowners insurance do I need? - AOL

    www.aol.com/finance/much-homeowners-insurance...

    Sewer backup coverage: Although sewer backup coverage is not part of a standard home insurance policy, it can usually be purchased as an endorsement. Performing preventative checks to protect your ...