What Is Homeowners Insurance


Answer for "What is homeowners insurance?"

Chadwick White
  Keller Williams Southpark


Homeowners insurance is an insurance policy that combines personal liability insurance and hazard insurance coverage for a residence and its contents.


Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate FAQ

 

Related Real Estate FAQ

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Is Earnest Money?

Earnest money is a deposit you make when you make an offer on a house. ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

How Big Is An Acre?

Wondering how big is an acre?It is common to hear people say that it's almost the size of a football field without both end zones. But sometimes *almo ...

Why Should I Use A Real Estate Agent?

A real estate agent is more than just a \"sales person.\" They act on your behalf as your agent, providing you with advice and guidance and doing a j ...

Related Real Estate Glossary Terms

Additional First-year Depreciation

Property value of up to $10,000 that of a taxpayer may elect to treat as an expense rather than as an asset. It applies only to personal property, no ...

Other People's Money (OPM)

The use of borrower funds by people or business to increase the return on an investment. Examples are a mortgage to purchase real estate and buying re ...

Rehabilitate

Restoring real property to an improved state. The restoration is usually needed because the property's condition has worsened. ...

Adjuster

Insurance company employee who settles the damage to insured property. The insured is contacted, the property is assessed, a valuation is made. The i ...

Change Order

Revised specifications requiring a modification in work. ...

Ownership Form

Methods of owning real estate. Ownership form has important consequences for income tax, estate tax, corporate income tax, and survivorship. Real esta ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

Is depreciation common? What if the computer I want to insure is homemade or custom-built? What is a mortgagee? What is a point? What is a maintenance fee?