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HO-6 insurance, on the other hand, is typically only available to condominium owners. HO-3 policies will normally include coverage for an owner’s personal belongings as well as liability.
Homeowners insurance vs. condo insurance Buying a condo is more similar to buying a home than a co-op. When you buy a condo, you own the unit and likely need condo insurance to insure it properly.
The Condominium Act requires every association to carry an insurance policy to cover the full replacement value of all structures on the property.
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). [1]
Arizona Home Insurance Company has been writing direct homeowners, dwelling fire, earthquake, and allied lines insurance for preferred homeowners in the state of Arizona for more than 30 years. While the company is part of the Western Mutual Insurance Group, Arizona Home Insurance writes only in Arizona, with an office in Scottsdale and claims ...
(The Center Square) - California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms ...
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