What are the basic coverages and risks covered by standard home insurance?
Insurance policies can be somewhat confusing and very broad, but this will no longer be a reason not to read the most important points, because here you will find some of the details to which you should pay attention. In principle, you must be clear about the type or form of policy you are buying according to the property you want to insure. Now, let’s see what are the coverages of the most common form of policy.
Part A.- Housing Coverage: Protects the building of your home; that is, structures such as roofs, walls, windows, etc. This part of the policy is responsible for paying for the repair of your home, if it has been affected by any risk that is under coverage. The normal thing in this type of policy is that it offers coverage for 16 types of risks named. (more…)
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