For instance, floods generally are not covered by standard homeowners policies. (loanbiz.com)
After all, if they had to cover museum - level art collections under standard homeowners policies, we would all end up paying higher premiums to cover those expensive items. (rmiia.org)
Most standard homeowners policies provide a basic limit of liability of $ 300,000 for property damages or injuries, but this amount can be increased for additional premium. (rmiia.org)