ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
15.10.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


Homeowners Insurance - What You Need To Know

Author: Tristan Andrews Author Ranking Gold | Posted: 06-08-2007 | Comments: 0 | Views: 4 | Rating:  (50) Article Popularity - Green (?) Got a Question? Ask.
Sign Up Now!

At the time of getting insurance for a real estate property, there are many options and some people tend to get lost and start reviewing all their needs. Since one of the largest investments done by any person is almost always the purchase of a house, it is very important to protect the property and the goods contained within, and to do this, the homeonwer must get homeowners insurance.

This kind of insurance is a package policy, which means that it combines more than one type of insurance coverage in only one policy. The four types of coverage included in the homeowners document are for the property, personal liability, medical expenses and living expenses. There is also a wide range of additional coverage that could be contracted according to the specific needs of the client. Some of them are the trees and plants.

The coverage of damage to the property helps to pay for the disaster caused in the housing as well as the personal property damaged, and will also include furniture, clothes and other personal belongings. Besides, if there is an interest to insure any specific valued products like jewels, it is needed to add a special policy to the homeowners one.

In regards to the personal liability coverage, this will be applied to any accidents which occur inside and outside the house, or if the damaged caused is done by the policyholder or his family. The insurance will cover all the costs related to the defense of the owner, as well as all the damage charges. Besides, in relation to the coverage of medical expenses, it is possible to be indemnified if anyone happens to be insured at their own housing. It includes the medical payments in relation to the injured for the term of a year approximately. It is important to remark that this coverage can only be applied for persons that are not family, and there is a limit for each person.

In case that a homeowner has to move to a hotel or an apartment temporarily because of the damages caused by an accident covered by the policy, the insurance company will cover all the living expenses, generally for 20% of the total limit of the insurance. Some common exclusions in the policies are the coverage for losses of animals, as well as for damage to vehicles (in this particular case, those expenses should be covered by the auto insurance). However, any damages caused as a result of war, neglect, earth movement or any other catastrophy is not covered.

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Source: http://www.articlesbase.com/non-fiction-articles/homeowners-insurance-what-you-need-to-know-194499.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
About the Author:

Tristan Andrews is a freelance author who writes articles about Pennsylvania Homeowners Insurance and other Insurance topics for http://www.insurance-pennsylvania.com.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

Do I claim money I recieve as the benifiary of an estate?
By: Harry | 29-09-2008
Do I claim money I recieve as the benifiary of an estate if I am currently drawing UI benefits?

Mortgage
By: dennis2467 | 29-09-2008
i owe 180,000 on my mortgage and the value has fallen to 150,000. no one will refinance me. the rate is adjustable. i am also 3 months behind. anyone have any idea where to start?

PLEASE READ!!!!!!!!!!! XD
By: laxsk8tremukidd | 29-09-2008
y does the government freaking suck so much lol NO MCCAIN!!!!!!!!!

Who qualifies for workmans comp in NC I am a ...
By: camcotrans | 29-09-2008
who qualifies for workmans comp in NC I am a truckdriver and at different times and places I have guys load my truck I pay in cash and even if I load my truck I don't qualify under their (places I load and unload) workmans comp. I mostly haul furniture from trade shows to retail stores in different states. Do I need workmans comp in all the 48 states I haul. 

Anyone else read a quick book called FLIP! Focused ...
By: James | 29-09-2008
Anyone else read a quick book called FLIP! Focused Living = Infinite Possibilities ? Interested in opinions of the money management chapter. Seems really basic but if we all followed it, the country wouldn't be in the mess we're in. Great debt diagrams.

I am considering taking a job without retirement ...
By: shegal | 29-09-2008
I am considering taking a job without retirement benefits. The pay is great, but it does not offer benefits. What to do?

Q&A Powered by:
Powered by Yedda 

Latest Non-Fiction Articles

The Story of Halloween
By: Gianni Truvianni | 14/10/2008
An article about Halloween and the history behind this holiday which are among the year’s biggest.

Get Writing!
By: Writer\'s Relief | 13/10/2008
Learn how to get more "Butt-In-Chair" time and become a more productive writer.

Writing for a Living: 7 Ways to Turn Your Writing Into a Home-based Business
By: Rosey Dow | 13/10/2008
Most writers dream of one day hitting the big time with a best-selling novel or a self-help book that goes viral. The chances of that happening are 1 in 10,000,000. However, if you have knowledge and experience, you can create a home-based business from your expertise using these 7 steps...and make more than you would from royalties.

Book Marketing: Using a System to Turn Your Book Into a Primary Business
By: Rosey Dow | 13/10/2008
So many loud voices today proclaim that their training will give you a corner on the market for your book’s niche—blogging, article writing, teleseminars, ebooks, and video. But how do they fit together? Is one of them more important then the rest?

Book Marketing: the Day That is Different for Your Career Strategy
By: Rosey Dow | 06/10/2008
Make an informed decision about the direction of your writing career--print or online, or both.

In the Lap of the Gods 22
By: Steve Morgan | 05/10/2008
For those who have read the other 21 chapters

A Week in the Life of the Single Working Mother
By: Karen Dosw | 03/10/2008
A humorous article about a week in the life of one South African, single mom with two adult children and two little ones.

Why You Should Write for Free
By: Deborah Owen | 01/10/2008
Write for free? I can hear you saying, “Are you nuts?” Write for free, so you can get paid. Read more inside.

More from Tristan Andrews

What Are Collection Agencies?
By: Tristan Andrews | 08/05/2008 | Credit
When you hear about collection agencies, do you think about commercials like the one in which someone is avoiding the phone because they're dealing with a mountain of debt?

The Difference Between Good and Evil Concerning Collection Agencies
By: Tristan Andrews | 26/04/2008 | Regulatory Compliance
When you are dealing with collection agencies the first thing to understand is that not all of them are like the ones you see in the debt counseling commercials. Some are respectful of your rights under the law.

Hints and Tips For Finding The Perfect Elementary Tutor
By: Tristan Andrews | 25/04/2008 | Education
Whether you're looking for a tutor for your second grader in science or your sixth grader in reading, you'll need to know how to make the best decision. There are many things to consider when you're looking for a tutor.

The Benefits and Cost of Tutoring
By: Tristan Andrews | 25/04/2008 | Education
The basic benefits of tutoring for society are that it improves academic skills, builds self esteem and confidence, develops positive attitude towards school, offers positive role models, improves social skills, slows down truancies and drop out rates.

Will A Tutor Really Help My Child?
By: Tristan Andrews | 24/04/2008 | Education
When your third grader comes home with a C in math, after you've tried to motivate him by paying him for good grades or taking him to the zoo, and you've tried every other bribe you could think of that appealed to him and still it didn't work. You are indeed a frustrated parent.

Collection Agencies and the Law
By: Tristan Andrews | 24/04/2008 | Regulatory Compliance
Collectors have to study and pass tests with their companies in many cases before they become collectors. They know the laws that they legally must adhere to as collectors and they can actually be fined for breaking the law.

What to Do About Collection Agency Harassment
By: Tristan Andrews | 24/04/2008 | Regulatory Compliance
When the collector calls you an excessive amount of time per day that is one form of harassment. This harassment can be stopped. You have protection under the law against certain abusive tactics that some collection agencies employ.

Should You Get A Tutor for Your Preschool Child?
By: Tristan Andrews | 24/04/2008 | Education
When you start considering what your child is capable of learning - how his mind is like a sponge or an empty computer disk that is going to be filled with something, you begin to wonder if you should get someone more qualified to teach him.

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below