No. A renters policy would cover a renters loss, Not the Home owner.
Actually a homeowners form HO-4 is for renters. It provides similar coverage to a "normal" homeowners policy with the exception of not covering the home itself. There are many homeowners forms for different situations. HO-8 OS for condos, HO-10 is primarily for older homes that you don't want to cover for replacement cost so you insure it for the real estate value so you aren't penalized on claims for carrying less than the replacement cost of the home, etc.
Is homeowner liability for a fire?No, This is why it is recommended that tenants obtain a renters insurance policy to cover their belongings and personal liability. The owners insurance is for the owners own property and legal liabilities, so unless the owner is somehow responsible for starting the fire, the owner would not be liable for the tenants property.
No, the property owners coverage does not provide coverage for a tenants property or liability.
No, a homeowners insurance policy does not provide coverage for the property of a tenant. That's what "Renters Insurance" is for.If the renter chose not to purchase a renter insurance policy, Then the renter was negligent to the extent that the renter chose not to purchase a renter insurance policy, perhaps with the mistaken belief that the owners policy would cover them.
No, it does not.
The diiference between landlord & renters insurance is that landlord insurance is a policy that covers property owner from financial losses with their property.Renters insurance is policy that cover the renter from financial losses or personal items.
No. That's what renters insurance is for.
No, Renters insurance is coverage specific to household property or contents owned by the named insured. It does not cover the property of others and it does not cover automobiles. Neither Renters insurance nor Homeowners insurance will cover damage to an automobile. That's what auto Insurance is for.
No, It is the schools choice to obtain coverage for losses from theft on school property or not. Your homeowners insurance would not cover the losses of another party.
Other than home owners insurance covering your primary residence where you live and rental property insurance covering a home that you rent to others there are a few differences in types of coverage. While most home owners policies cover the building you live in as well as your contents (TV, Clothes, etc...), most rental property policies cover only the building. This is because in a rental property situation you usually do not own the contents inside and the renters have renters insurance to cover their own contents.
If YOUR belongings were in the friend's car and they were stolen, they are covered on YOUR homeowners or renters policy. If your friend's belongings were stolen from a car, HIS or HER homeowners/renters policy would pay.
No, renters insurance is coverage specific to property that belongs to the named insured.If it's a rental property then the property owners insurance would cover storm damage to the roof. If it's just worn out then that would be an owners maintenance issue.