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Every "homeowners" insurance policy in State of Florida is designated HO. The number after it indicates what type of policy it is. H0-1 typically indicates it is a Dwelling policy, which usually provides the most basic coverage. HO-3 indicates whats called "Special Form" coverage, which is typically the most inclusive and comprehensive. HO-6 indicates that it is a Condominium coverage type policy. Please read your policy for any further detail/explaination. This is a broad explaination that may not apply to all specific policies. If you do not understand your policy, call your agent and have them explain it to you.
What else can I help you with?
Do you get a refund if you cancel homeowners insurance?
Yes, if you cancel your home insurance policy mid term you would be entitled to the unearned portion of your premium payments.
Will a prior insurance company cover a homeowners claim?
So long as you can establish the loss occurred during the term of the prior insurance policy, yes they will cover the claim.
What term policy are often found in a mortgage insurance?
Typical term policies in mortgage insurance include terms on the homeowners out of pocket deductible before a claim can be paid out by an insurance company. Also it will often list what is covered and what is not. Flood insurance is not typically covered and costs extra.
Does homeowners insurance cover damage from carpenter bees?
Contact your Insurance Agent. he or she should be able to advise you of your coverage. You could also review your policy language and look for the term "Infestations" to determine if you have coverage.
What is the grace period for home owners insurance policy?
Homeowners insurance is typically a 1 year term policy, It has a start and end date. At the expire date (end date) the policy is expired. There is no grace period after expire. Typically you are notified prior to the expire date of policy renewal. If you do not renew the policy, It just expires on the end date.
Will CSE Insurance co write a personal umbrella policy with client having a car or homeowner policy with them?
Yes, provided the client has a car (Auto, to use the technically correct term) with CSE. The client does not need to have a Homeowners policy with the company.
Can you cancel a term life insurance policy?
Yes. Term insurance is like renting insurance.
What happens at the end of a term life insurance policy?
At the end of a term life insurance policy, the coverage expires and the policyholder no longer has insurance protection.
Can i take out a term life insurance policy then quickly sell it?
No, because Term Life insurance policy has NO cash value.
What does the term excess in travel insurance mean?
In the USA excess usually means that the benefits are over and above any other insurance that you might have in your primary policy, For example, a homeowners policy may provide a stated benefit for lost luggage while traveling. For an additional premium, you may be able to buy an excess travel policy that provides benefits for an additional amount of coverage for the same type of loss.
What is convertible term insurance?
A term policy that can be converted to a whole life (or other) policy.
What is an endorsement to a insurance short term policy?
It amends the policy
