Sentences with phrase «portion of homeowner policies»

The liability portion of a homeowners policy protects you against lawsuits for property damage or bodily injury that you or members of your family cause to other people.

Meanwhile, the liability portion of a homeowners policy typically covers you and relatives who live with you in the home, whether the accident happens in your home or not.

Bodily injury liability works in conjunction with medical payments (sometimes called guest medical) portion of your homeowners policy.

If, for example, your best friend slipped on a walkway and broke his arm when he fell, the bodily injury portion of the homeowners policy would pay for his medical care.

Not exact matches

This type of incident falls under the liability portion of a homeowners or renters insurance policy for the following types of claims:

It is important to know that your homeowners policy most likely will not cover damage to your rental property, unless you are only renting out a portion of the home you are living in.

A workspace must qualify for a home office deduction and be covered under a person's homeowners insurance policy in order for them to write off any portion of their premiums.

Those who are on active duty should just take note that homeowners insurance policies may exclude certain portions of your coverage while you're deployed.

Mortgage insurance is a $ 1.79 billion portion of the insurance industry in the U.S. but compared to other lines of insurance, such as auto or homeowners insurance, there are not many companies that offer the policy.

The medical payments portion of your homeowner's policy will also pay if you are involved in the injury of another person away from your home in some limited circumstances.

Deductible: The amount of cash payment required by an insurance policy that is made by the homeowner to cover a portion of a damage or loss.

Regardless of if you do have an earthquake policy or not, depending on your location, your simple homeowner's policy might cover a small portion of the damages you've endured.

One of the companies we spoke with — State Farm — said that if you have «appraised» animals, such as show dogs or pedigreed breeder stock, you can obtain coverage under the «Personal Articles» portion of a homeowner's policy, but indicated that, in general, pets were not covered.

Fortunately, most damage that a child may cause falls under the liability portion of the parent's homeowners or renters insurance policy.

If you are a homeowner, a portion of your homeowner's insurance policy covers personal property.

A workspace must qualify for a home office deduction and be covered under a person's homeowners insurance policy in order for them to write off any portion of their premiums.

The personal liability portion of your homeowners insurance policy covers you against lawsuits for injury or property damage that you or your family members cause to other people.

Deductibles generally apply to property damage, not to the liability portion of homeowners or auto insurance policies.

Your homeowners insurance policy won't cover damage to your car if a tree falls on it, but the comprehensive portion of your auto insurance policy might.

Your homeowner's policy may cover only a small portion of the total loss.

To use a a homeowners policy example, a deductible would apply to property damaged in a rogue outdoor grill fire, but there would be no deductible against the liability portion of the policy if a burned guest made a medical claim or sued.

The «ALE» or «additional living expenses» portion of a homeowners or renters insurance policy can then cover hotel, food and rental expenses.

Your mortgage loan provider may require hazard insurance at minimum before they will issue you a loan, because that is the only portion of the homeowners insurance policy directly related to the home structure itself.

As with a home, a condo (as long as you have a mortgage) requires a homeowners policy and it's very difficult (and a bad idea) to exclude the liability portion of the policy.

Mortgage insurance is a $ 1.79 billion portion of the insurance industry in the U.S. but compared to other lines of insurance, such as auto or homeowners insurance, there are not many companies that offer the policy.

Damage to the structure of your home would fall under the dwelling coverage portion of your homeowners insurance policy.

You may be able to deduct a portion of your loss on your taxes if you are not fully covered for fire loss under your homeowners insurance policy.

Replacement Cost Policies for your home include what is known as a «deductible» or the portion of out - of - pocket expense you as the homeowner owe as your portion of payment toward a «covered loss» up to the dollar limits in your policy.

Read on to learn what the property damage portion of a homeowners insurance policy covers and then be sure to enter your zip code in to compare free home insurance quotes!

«If a cyclist is deemed at fault in a crash with a car, a pedestrian, or another cyclist, a claim would have to be made against the liability portion of their homeowners or renters insurance policy in order for the loss to be covered,» says Neil.

If you have a homeowners insurance policy, you will also have a liability portion that shields you against lawsuits seeking compensation for injuries that happen on your premises and even off of them.

But if you have $ 1 million in umbrella insurance, your umbrella policy will cover the portion of the judgment that your homeowners insurance doesn't, and your retirement savings will remain intact.

Under normal circumstances, your personal property, including recreational equipment such as bicycles, is covered under the personal property portion of a homeowners or renters insurance policy.

It is important to know that your homeowners policy most likely will not cover damage to your rental property, unless you are only renting out a portion of the home you are living in.