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Bankrate’s insurance editorial team outlines what you need to know about home insurance perils so you can shop for a policy knowing you’ll get the coverage you need. Types of home insurance ...
Most home insurance companies will cover your personal belongings up to a specified level if they are at home, in your car or somewhere else. HO-2 policies may include liability coverage in some ...
Homeowners insurance offers financial protection if your property is damaged by a covered peril. Home insurance usually covers your home's physical structure, other structures on your property and ...
The various components of home insurance policies are covered either on a named perils basis or an open perils basis. In general, named perils will cover only perils, such as fire or wind ...
An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
A covered peril is a loss or event that is covered under your home insurance policy. If your home or personal items are damaged by a covered peril, your home insurance policy should provide a ...
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