Sentences with phrase «category of a homeowners policy»
Not exact matches
Homeowners and renters insurance policyholders can purchase an endorsement to increase the claim limit of the instrument category of their policy.
https://www.valuepenguin.com/
Most homeowners and renters policies allow policyholders to increase the limits on some or all of these categories with endorsements and additional premiums.
The National Association of Insurance back in 2007 did a survey state by state and found that Floridian homeowners paid $ 1,534 for their HO - 3 policies (ranking the FL as the most expensive state in this category) and $ 1,043 for auto insurance (ranking FL as the 5th most expensive state in this category).
Most homeowners and renters policies allow policyholders to increase the limits on some or all of these categories with endorsements and additional premiums.
Most standard homeowners policies have a cap, per insurance category, on the amount of personal property coverage provided.
Additionally, a typical homeowners policy will have caps on contents coverage for different categories of items.
Homeowners and renters insurance policyholders can purchase an endorsement to increase the claim limit of the instrument category of their policy.
Most homeowners policies cap certain categories of items based on the total coverage amount of the policy.
One last thing to keep in mind about personal property coverage: homeowners insurance policies cap the amount of coverage available for certain item categories like jewelry, firearms, and golf equipment.
Homeowners policies typically cover up to a set limit for many specific categories of items.