Definitions for home insurance
home in·sur·ance

WikipediaRate this definition:0.0 / 0 votes

1. Home insurance

   Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. Additionally, homeowner's insurance provides financial protection against disasters. A standard home insurance policy insures the home itself along with the things kept inside.

WikidataRate this definition:0.0 / 0 votes

1. Home insurance

   Home insurance, also commonly called hazard insurance or homeowner's insurance, is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use, or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. Homeowner's policy is referred to as a multiple-line insurance policy, meaning that it includes both property insurance and liability coverage, with an indivisible premium, meaning that a single premium is paid for all risks. In the US standard forms divide coverage into several categories, and the coverage provided is typically a percentage of Coverage A, which is coverage for the main dwelling. The cost of homeowner's insurance often depends on what it would cost to replace the house and which additional endorsements or riders are attached to the policy. The insurance policy is a legal contract between the insurance carrier and the named insured. It is a contract of indemnity and will put the insured back to the state he/she was in prior to the loss. Typically, claims due to floods or war are excluded from coverage, amongst other standard exclusions. Special insurance can be purchased for these possibilities, including flood insurance. Insurance is adjusted to reflect replacement cost, usually upon application of an inflation factor or a cost index.

How to pronounce home insurance?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say home insurance in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of home insurance in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of home insurance in Pythagorean Numerology is: 1

Examples of home insurance in a Sentence

1. Alex Chesterman:

   We currently offer a great service that helps consumers research the market and find their next home, now consumers will be able to use us to cut their energy deals, get a better broadband deal, find better home insurance and much more.

2. Alex Chesterman:

   Now consumers will be able to use us to cut their energy deals, get a better broadband deal, find better home insurance and much more.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Home_Insurance
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=home insurance