Hazard insurance is the part of a homeowners policy that covers the structure of your house. Your lender will likely require you to have hazard insurance to get a mortgage. Hazard insurance generally covers disasters such as fire, wind and hail. Imagine that you’re getting ready to close on...
Homeowners living in high-risk areas often need a separate hazard insurance policy to adequately protect their property, such as flood insurance. They might also need a policy that protects the property against landslides since conventional homeowners insurance's hazard coverage rarely covers landslides....
If a property is damaged by hazards covered under an insurance policy, the homeowner can file a claim for financial assistance to repair or rebuild the damaged structure. In addition to the primary structure, hazard insurance typically covers outbuildings such as garages and sheds. When...
Hurricane insurance usually refers to an extra deductible on a homeowners policy that specifically covers hurricane-related damage in high-risk areas.
Hazard insurance, also called homeowner's or property insurance, provides coverage for specific natural hazards, such as fire, wind, earthquakes and vandalism. Many homeowners purchase a "comprehensive" form of insurance first, which may include most common damages, but then seek additional coverage ...
Tobin, Graham aMontz, Burrell E
This is more likely if you live in an area where earthquakes are common, such as parts of the West Coast. This is often sold as an endorsement added to your basic policy or as a separate policy in certain states like California. Hazard insurance is another term you may encounter while ...
Private flood insurance policies can provide coverage for the structure of the home, personal belongings, and additional living expenses if you are unable to reside in your home due to flood damage. Some policies may also offer coverage for features such as swimming pools, detached garages, and ...
When the clamps are not securely attached to the battery terminals, it can create resistance, leading to excessive heat buildup. This heat can cause the insulation on the cables to melt or smoke, presenting a potential fire hazard. Ensuring that the clamps are firmly connected and making good...
Can man-induced or man-accelerated land-subsidence modify significantly riverine flood-hazard in flood-prone areas? We address this question by investigating the possible changes in flood hazard over one of the most prominent cases of anthropogenic land-subsidence in Italy, a 77-km2 area around ...