5 Things To Know About Homeowner’s Insurance
17 December 11:18 amHere are five terms you should know when it comes to homeowner’s insurance! ONE: Deductible: A homeowners insurance deductible is the amount of money a homeowner must pay out of pocket before home insurance coverage kicks in. When the insurance company pays the claim, it will be for the total amount of the damage minus the amount of the deductible. TWO: Liability Coverage: The personal liability coverage within your homeowners policy provides coverage to pay for claims of bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible.this covers…
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