Types of Home Insurance Policies
Underwriters for home insurance policies take into account different risk factors. The common home insurance policy covers most risks a home will encounter. Home insurance typically covers explosions, riots, wind, aircraft, fire, lightning, volcanic eruptions, auto accidents, vandalism, theft, smoke, and structural accidents. Home insurance policies can be strengthened by adding additional underwriting for flooding, earthquake and other types of water damage usually for additional costs. Different types of homes call for different policies. A condo insurance policy would only insure the interior structure and cosmetics of the home, because the home owner's association could take care of the exterior through a different policy.
No comments:
Post a Comment