English version
German version
Spanish version
French version
Italian version
Portuguese / Brazilian version
Dutch version
Greek version
Russian version
Japanese version
Korean version
Simplified Chinese version
Traditional Chinese version
Hindi version
Czech version
Slovak version
Bulgarian version
 

Basic coverage of homeowner insurance policies

Life insurance RSS Feed





The insurance policy is a package that includes more than 1 type of insurance in a policy. There are 4 types of coverage contained in the home insurance policy.

Included are:

Dwelling and Personal Property
Personal Liability
Medical Payments
Additional Living Expenses

In this article, Dwelling and Personal Property Damage will be explained:

Property damage coverage will help pay for any damage to your dwelling or personal property. Other parts of your home, such as a detached garage, a shed, or any other building on your property are usually covered for about 10% of the amount of coverage on your home.

Personal property coverage pays for your personal property, which includes your furniture, clothing, and other personal property.

The amount of that insurance coverage is about 50% of the policy limit on your home. This type of coverage is also limited by the type of loss specifically listed in your policy.

The coverage usually only pays the current cash value of the item damaged or destroyed, unless you actually purchased replacement cost coverage.

Your home insurance policy also includes off-premises coverage. What this means is that the policy covers your personal belongings against theft even when they are not in your dwelling.

Your insurance company will reimburse you for the cost of replacing your suitcase and whatever its content is if it were lost or stolen when you were away on vacation, but only for replacing them with the personal property of the same kind and quality.

Copyright 2005 Fern Kuhn, RN
Specializing in Diabetes

http://www.diabetestestingcenter.com
http://www.homeinsurancehelp.info
http://www.healthinsurancecenter.info

You may reprint this article as long as you keep the links active.

Article Source: Messaggiamo.Com





Related:

» Home Made Power Plant
» Singorama
» Criminal Check
» Home Made Energy


Webmaster Get Html Code
Add this article to your website now!

Webmaster Submit your Articles
No registration required! Fill in the form and your article is in the Messaggiamo.Com Directory!

Add to Google RSS Feed See our mobile site See our desktop site Follow us on Twitter!

Submit your articles to Messaggiamo.Com Directory

Categories


Copyright 2006-2011 Messaggiamo.Com - Site Map - Privacy - Webmaster submit your articles to Messaggiamo.Com Directory [0.01]
Hosting by webhosting24.com
Dedicated servers sponsored by server24.eu