Home Insurance Finder
     
Get Home Insurance Quote  
It's fast , easy and always free ! Home Insurance Quote

Home  insurance quote

 

Start Here!

First Name:
Last Name:
Phone:
Zip Code:
Email:
State:

Compare home Insurance

Save Big!

Home Insurance Quote

Home Insurance Quote

Just Click Away..

Simple complete the form and receive up to 5 free Quotes!

 

 
 
 
 
Home Insurance Terms

Home Insurance
The typical homeowners insurance policy covers the house, the garage and other structures on the property, as well as personal possessions inside the house such as furniture, appliances and clothing, against a wide variety of perils including windstorms, fire and theft. The extent of the perils covered depends on the type of policy. An all-risk policy offers the broadest coverage. This covers all perils except those specifically excluded in the policy.

Homeowners insurance also covers additional living expenses. Known as Loss of Use, this provision in the policy reimburses the policyholder for the extra cost of living elsewhere while the house is being restored after a disaster. The liability portion of the policy covers the homeowner for accidental injuries caused to third parties and/or their property, such as a guest slipping and falling down improperly maintained stairs. Coverage for flood and earthquake damage is excluded and must be purchased separately.

Flood Insurance
Coverage for flood damage is available from the federal government under the National Flood Insurance Program but is sold by licensed insurance agents. Flood coverage is excluded under homeowners policies and many commercial property policies. However, flood damage is covered under the comprehensive portion of an auto insurance policy.

Water-Damage Insurance Coverage
Protection provided in most homeowners insurance policies against sudden and accidental water damage, from burst pipes for example. Does not cover damage from problems resulting from a lack of proper maintenance such as dripping air conditioners. Water damage from floods is covered under separate flood insurance policies issued by the federal government.

Earthquake Insurance
Covers a building and its contents, but includes a large percentage deductible on each. A special policy or endorsement exists because earthquakes are not covered by standard homeowners or most business policies.

Volcano Coverage
Most homeowners policies cover damage from a volcanic eruption.

Fire Insurance
Coverage protecting property against losses caused by a fire or lightning that is usually included in homeowners or commercial multiple peril policies.

Hurricane Deductible
A percentage or dollar amount added to a homeowner’s insurance policy to limit an insurer’s exposure to loss from a hurricane. Higher deductibles are instituted in higher risk areas, such as coastal regions. Specific details, such as the intensity of the storm for the deductible to be triggered and the extent of the high risk area, vary from insurer to insurer and state to state.

Sewer Back-up Coverage
An optional part of homeowners insurance that covers sewers.

Loss of Use
A provision in homeowners and renters insurance policies that reimburses policyholders for any extra living expenses due to having to live elsewhere while their home is being restored following a disaster.

Additional Living Expenses
Extra charges covered by homeowners policies over and above the policyholder's customary living expenses. They kick in when the insured requires temporary shelter due to damage by a covered peril that makes the home temporarily uninhabitable.

Extended Replacement Cost Coverage
Pays a certain amount above the policy limit to replace a damaged home, generally 120 percent or 125 percent. Similar to a guaranteed replacement cost policy, which has no percentage limits. Most homeowner policy limits track inflation in building costs. Guaranteed and extended replacement cost policies are designed to protect the policyholder after a major disaster when the high demand for building contractors and materials can push up the normal cost of reconstruction.

Title Insurance
Insurance that indemnifies the owner of real estate in the event that his or her clear ownership of property is challenged by the discovery of faults in the title.

Home and Auto Insurance

Home and auto insurance can save you from costly repairs and liability in the case of damage to your home or your car. Both essentially cover damages to you and your property, however a large portion of auto insurance covers third party damage and injuries in the form of liability coverage. In the case of auto insurance, most states make mandatory at least minimum coverage.

How much coverage you need, cost and what your level of exposure might be are among the concerns governing selection of these type of insurances.

.An auto insurance policy is actually a package of different coverages. Coverage can include liability insurance; collision coverage; comprehensive coverage; medical, PIP and no-fault; uninsured motorists and certain add on features. Most states require you to purchase a minimum amount of certain kinds of coverage. But if you're interested in protecting yourself from a lawsuit or from wicked repair bills, then it makes sense to buy more than what's required.

 
 

Auto Insurance What Is Auto Insurance?

An auto insurance policy is a contract between you and an insurance company. You pay a premium. In exchange, the insurance company promises to pay for specific car-related financial losses that you may have during the term of the agreement

Auto Insurance Do You Need It?
 
Auto insurance is a legal requirement in most states. State laws typically say that as a driver, you either must have insurance, or be able to provide evidence that you have the financial resources to pay a judgment against you, if you are responsible for causing damage or injury to another person/property. An insurance policy is the easiest way to document that you can pay damages if you must. You also need auto insurance to protect yourself financially. If you or anyone for whom you're responsible seriously injures another person, you can be held liable for the injured person's medical expenses, rehabilitative therapy, and long term nursing care, as well as for his or her lost earnings.
Auto Insurance Who Is Covered?
Your policy covers you, your spouse, and other family members who live in your household and are entitled to drive one of your vehicles
 
Auto Insurance What Is Covered?
Where you live - Where you live and drive your car has a significant impact on the cost of your insurance. This is because the frequency of things like vandalism and car theft, and the cost of things like car repairs and medical bills, vary enormously from one region to another.
The make and model of your car - The cost of insurance depends a great deal on what type of car you drive, too. (It can be helpful to bear this in mind when choosing a car, especially if you're on a tight budget.)
Your driving record - Your insurance rates will be affected by any tickets you've received and violations of which you've been convicted over the past several years.
Your age - Statistically, younger drivers get in more accidents and tend to get more tickets
 
 
 
 

 

Free Auto Insurance Quote offered through Affiliate Program at Alabama, Alaska, Arizona, Arkansas, Connecticut, Delaware, District of Columbia (Washington DC), Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, California, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

We are not insurance Company or Insurane P&C Licensed Agents . All Quote submited throuhg Affiliate
             
Copyright © 2005 Independent Agent