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Homeowners Property Insurance is "Hazard Insurance" that protects the property owner from loss or damage due to the stated covered hazardous perils.

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14y ago

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What is the purpose of home insurace?

The purpose of home insurance is to have financial protection for ones home and possessions. Some specific reasons for home insurance include protection from fire, storm damage, or burglary.


What is the purpose of island insurance?

'Island Insurance' is not a type of insurance but rather than name of an insurance company located in Hawaii. This company provides home and auto insurance for Hawaii citizens.


What is the basic purpose of insurance?

What is the basic purpose of insurance


What is the purpose of mortgage protection life insurance?

The purpose of mortgage protection life insurance is to protect the home from being lost in the event the mortgagee passes away. The life insurance will pay off the balance of the existing mortgage to the finance company.


What purpose does unoccupied home insurance serve?

Unoccupied home insurance helps protect your house when it is empty. It covers what regular home insurance does not, in the case that your house is left unoccupied for a month or more. It covers damage in the case of fire, earthquake, explosion and lightning.


What is the purpose of theaa.com?

theaa.com is a car website. it used for car coverage, insurance purposes, home insurance, and things along those lines. One of the best insurance websites


What is the purpose of the website known as Confused in the UK?

The purpose of the website known as Confused in the UK is to allow one to compare the prices of insurance products and find the lowest prices. One can find cheap quotes on car and home insurance from them.


What is the purpose of receivables insurance?

The purpose of receivables insurance is to get insurance for your company and keep it safe. Insurance is very important in many aspects in life and recivable insurance is great for companies.


Can you use money from term life policy to purchase a home?

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Can landlord use home insurance claim if tenants wreck property?

If the tenant damages the property he is liable for such damages. The Landlord may or may not have his own insurance for this purpose but the tenant is liable. If the Tenant has his own insurance (Renter's Insurance) then the Tenant may file a claim and damages will be covered by that insurance.


What insurance does Abbey Home Insurance provide?

The type of insurance that the company Abbey Home Insurance provides is called home insurance. The company provides automobile and motorcycle insurance as well.


Is content insurance just like home owners insurance?

Content insurance differs from home owners insurance in the type of polocies offered. While home insurance concentrates on the actual home structure, content insurance concentrates on personal possesions within the home.

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