Definition: The word "house insurance" refers to the process of purchasing insurance coverage on a home or property, which can cover damages caused by natural disasters like hurricanes, earthquakes, fires, floods, or other events that are outside the policy's scope. This type of insurance is typically required by law in most jurisdictions and covers damage to personal belongings, structures, and assets within a specified area. The word "house insurance" often includes specific coverage limits and deductibles for damages such as property damage, construction defects, and accidents caused by individuals or animals on the premises. In some cases, additional benefits may include liability coverage for those who are injured while on the property and accidental death and injury. It's important to note that while house insurance can provide financial protection in the event of natural disasters, it is not a guarantee against future losses due to external factors such as theft or vandalism. Additionally, homeowners should consult with their insurance company to understand the specific coverage offered by your policy and any limitations or exclusions.
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