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Homeowners insurance may protect your finances when disaster strikes. ... Different coverage options apply, but usually limits are $100,000, $300,000 or $500,000. ... Alex Bregman hot commodities ...
Unique home insurance considerations. Even though your homeowners insurance policy should spell out pretty clearly what is included in your policy, it may still leave room for gray areas.
An insurance policy is a contract where the homeowner and insurance company agree that in exchange for a premium payment, the insurance company will provide compensation for the repairs or ...
The most common type of homeowners insurance is the HO-3 Special Form policy, which covers your home, your personal property, liability, additional living expenses and medical payments.
The most common type of homeowners insurance is the HO-3, which covers your home and detached structure on an open perils basis, and your personal property by named perils. HO-3 policies also ...
Lexington Insurance Company announced that they will discontinue home insurance, sending another 8,000 property owners to search for a new insurer. Lexington specialized in homes worth $1+ million and Citizens will only insure property values less than $700,000, so Citizens was not an option. [29]
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