Hazard insurance protects the property owner from damage caused by fires, severe hurricanes and other natural disasters.
Hazard insurance usually refers to the section of a general homeowner’s insurance policy that protects the structure of the home.
Mortgage lenders often require you to have homeowners insurance in order to get coverage.
In areas prone to certain risks, such as floods or landslides, homeowners often choose to take out separate or additional risk insurance to cover certain unforeseen circumstances.
Personal property includes items that people own, such as furniture, appliances, or electronics. In short, these objects differ from immovable property in that they are movable.
Water damage liability insurance is a type of policy for individuals or businesses that protects them if they cause unintentional water damage to someone else’s property or property.
The water exclusion clause is a standard feature of property insurance contracts, refusing to cover various categories of loss related to water events.
Hurricane insurance is a special type of property casualty insurance that protects policyholders against property damage caused by erratic events such as tornadoes, hurricanes and storms.