homeowners policy
Dwelling insurance plan
A homeowners policy is an insurance contract that bundles coverage for a residence—protecting the structure, personal property, and liability in case someone is injured on the property.
Most mortgage lenders require borrowers to maintain one: The bank won't close until you show proof of a homeowners policy.
Also called homeowners insurance.
- insuranceContractual risk coverage
- coverageExtent of inclusion
- liability coverageInsurance paying third-party claims
- premiumAdded cost for better
- deductibleOut-of-pocket threshold amount
dwelling · personal property · liability · claim · damage · water damage · fire · theft · flood · act of God · mortgage · protection · renewal · adjuster · replacement · hazard · umbrella · rider
- insuranceinsurance, coverage, auto insurance, life insurance, underwriting
homeowners policyauto insurance
Policy covering vehicle damage
car insurance · health insurance · life insurance · business insurance · flood insurance
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