Definition: A quote insurance home means that you will be reimbursed for a portion of your home's total cost if it is damaged or destroyed as a result of a damage claim made against you in your policy for your home. This type of coverage can help protect you from the financial burden of having to pay out-of-pocket expenses related to property damage. The term "quote insurance home" likely refers to an agreement between an insurer and the policyholder where they agree to pay a percentage of the total cost of repairs or replacement if the policy holder's house is damaged due to a quote issued by another person, organization, or company. This type of coverage helps protect homeowners from potential financial losses that may arise from damage claims made against them. The definition of "quote insurance home" can vary depending on the specific terms and conditions of the policy. Generally speaking, this type of coverage is designed to help cover the costs associated with repairs or replacement for a damaged home due to damage caused by quotes issued by third parties.
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