What is basic policy of a homeowner insurance?
The basic homeowner insurance policy covers damages done by such disasters as fire and severe storms, including hurricanes and tornados. Damage to your home, property, and possessions are typically the basic elements covered. However, the amount of coverage you carry for each is perhaps the most important aspect of the whole plan. Lost possessions due to theft are also generally covered, up to a certain percentage of the insurance policy. Liability coverage is another basic element of a general homeowner policy. Liability protection covers the policy holder for damages done to others’ home or property, even the damage done by one’s pet can be included. However, this is only damage done to others’ property. The homeowner policy does not cover damage incurred by the policy holder to his or her own property or possessions. How to cover yourself with homeowner insurance policy? Many homeowners fail to recognize the pit falls that are inherent in many homeowner insurance policies. It is gen
