No, your Homeowners Insurance will not. Your Medical Insurance Will.
no
PD insurance stands for Property Damage. It is a portion of the liability insurance required by most states. This is the part of the policy that will pay for damage that the insured vehicle caused to another person's property, such as a vehicle or some other property.
It pays to another party if you injure them or damage their property.
Actually, This is covered under your Contractors General Liability Insurance. If your contracting builder does not have insurance, you need to get rid of him, and find another contractor immediately.
Property damage is covered by a property liability insurance package. This applies to all incidents in which an automobile causes damage to another person's property such as a fence or house. If you do not have property liability insurance, the driver is responsible for covering the damages out of pocket.
No. Your homeowners insurance coverage is specific to the named insured(s). It does not cover the property of another.
no
Your home insurance property coverage portion of your policy would not provide coverage for property of another. However, If you are found liable for damage to your neighbors property your liability coverage would invoke. Most homeowners Insurance policies come as a package with some level of Liability Insurance unless you purchased stand alone property only coverage.
Insurance for someone else's propertyYes, You can legally Insure the property of another person. So Long as you have authorization to do so and the owner is benefited, or an other insurable interest in that property exists. There are many situations where a third party may need to obtain property insurance such as, Estate Executors, Court Appointed Trustees, Dependents, Bailees, Tenants, Persons holding POA, or living wills, etc..You can not insure the property of another when no insurable interest exists. It would be unlawful to insure the property or life of another where the intent is to gain unduly from another persons loss.
Liability Insurance
No. Homeowner's insurance insures the property against loss not the individuals. If both own the property the proceeds of any claim will be paid in the form of a check made payable to the legal owners of the property.