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  2. Does homeowners insurance cover water damage? - AOL

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

    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 ...

  3. 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.

  4. 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 ...

  5. Owner-controlled insurance program - Wikipedia

    en.wikipedia.org/wiki/Owner-controlled_insurance...

    An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project (subject to the usual exclusions).

  6. Builder's risk insurance - Wikipedia

    en.wikipedia.org/wiki/Builder's_risk_insurance

    Builder's risk insurance is "coverage that protects a person's or organization's insurable interest in materials, fixtures and/or equipment being used in the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause." [2]

  7. Property insurance - Wikipedia

    en.wikipedia.org/wiki/Property_insurance

    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 ...

  8. Is home insurance required? - AOL

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

    Standard home insurance policies do not cover flood damage, so you may also be required to add on flood coverage if your home is located in a designated flood plain.

  9. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    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.

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