Sentences with phrase «homeowner policy language»
Your homeowner policy language describes this coverage in detail.
https://www.suzeorman.com/ Not exact matches
Homeowners affected by Hurricane Katrina were contesting the language of their insurance policies in regards to storm surge or ground flooding.
It inherited the vast majority of the homeowners policy phrasing, except for the language regarding coverage for the dwelling or structure itself.
They are, of course, not the same at all, but the general types of coverage and much of the policy language you'll find on renters insurance is borrowed wholesale from the homeowners insurance policy.
The same principles discussed in this answer would apply in a non-U.S. case, but the typical language found in a homeowner's policy in non-U.S. jurisdictions might very well be different.
In most instances, coverage for these types of mishaps depends on the specific language of your homeowner's or individual instrument insurance policy.
Because insurance policies are written in a legal language, all homeowner policies come with a section dedicated to defining certain words.
They are, of course, not the same at all, but the general types of coverage and much of the policy language you'll find on renters insurance is borrowed wholesale from the homeowners insurance policy.
On reading the policy, the insured would have seen language which is in every single renters and homeowners policy: Flooding from groundwater is not covered.
If you have homeowners or renters insurance, examine the language describing personal effects coverage to find out if these policies already contain this specific coverage [1].