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  2. How to read a homeowners insurance policy

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

    The most basic home insurance policy is an HO-1, which provides coverage on the structure of your home. An HO-2 is a step above the HO-1, as it covers your home and personal belongings for named ...

  3. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    Homeowner's policy is a multiple-line insurance policy, meaning that it includes both property insurance and liability coverage, with an indivisible premium, meaning that a single premium is paid for all risks. This means that it covers damage to one's property and liability for any injuries and property damage caused by the owner or members of ...

  4. Types of homeowners insurance - AOL

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

    Key takeaways. The most common type of homeowners insurance policy is the standard HO-3 Special Form policy. HO-5 policies offer the broadest coverage of all policy types.

  5. Reservation of rights - Wikipedia

    en.wikipedia.org/wiki/Reservation_of_rights

    A reservation of rights, in American legal practice, is a statement that an individual, company, or other organization is intentionally retaining full legal rights to warn others of those rights. The notice avoids later claims that one waived legal rights that were held under a contract, copyright law, or any other applicable law.

  6. Guide to homeowners insurance - AOL

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

    Other types of home insurance coverage. Other types of damage may be excluded from a standard homeowners insurance policy or coverage may be more limited. Coverage availability for these ...

  7. Forfeiture and waiver - Wikipedia

    en.wikipedia.org/wiki/Forfeiture_and_waiver

    Waiver is the voluntary relinquishment, surrender or abandonment of some known right or privilege. Forfeiture is the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform, etc.

  8. 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 ...

  9. Perpetual insurance - Wikipedia

    en.wikipedia.org/wiki/Perpetual_insurance

    For example, a house which costs $150,000 may typically be charged an annual premium of $1,000 for a term policy. That same house would likely require a $10,000 single deposit premium for a perpetual insurance policy of equivalent coverage. A person in the 28% tax bracket would need to earn $1,389 in gross income to pay the annual premium ...

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