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In addition to dwelling coverage, your homeowners insurance could cover detached structures, like a detached garage, your personal property and liability if someone is injured on your property.
Key takeaways. An HO-2 policy is a type of homeowners insurance that only covers damages caused by perils specifically named in your policy. An HO-2 typically covers 16 named perils, including ...
They typically include open perils coverage for your dwelling and detached structures, meaning if your house or garage is damaged by water it will likely be covered — unless your policy ...
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 ...
In addition to standard home insurance, some 8 million households in the UK are categorized as being a "non-standard" risk. These households require a specialist or non-standard insurer that would cover home insurance needs for people that have criminal convictions and/or where the property suffers subsidence or has previously been underpinned.
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 ...
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