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Thread: What can be covered for Home insurance?

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    Default What can be covered for Home insurance?

    Home insurance can cover losses to the structure and contents of your home from any natural or man-made calamity. The disasters that can be insured against are fire, earthquakes, storms, cyclones, tempests, tornadoes, hurricanes, floods or inundation, lightning strike, explosion, landslides, impact by vehicles or aircraft, and bursting or overflowing of water tanks and pipes.

    Burglary cover. Loss due to burglary or an attempted robbery of valuables such as jewellery and silverware can also be covered.

    Alternative accommodation. In case the family is forced to shift to an alternative accommodation because of an insured peril, the cost of the additional rent will be taken care of.

    Breakdown of domestic appliances. Home insurance covers the breakdown of ACs, and refrigerators. If there is accidental electrical or mechanical failure of domestic appliances, losses that can be repaired will be settled by repaying repair cost without applying any depreciation by the insurance company. But items that are over 10 years old will not be insured.



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    Standard homeowners insurance (form HO-3) customarily covers damage to both structures and personal property caused by fire or lightning; windstorm (including hurricanes and tornadoes) or hail; explosions; riot or civil commotion; aircraft; vehicles; smoke; theft or vandalism (sometimes called malicious mischief); falling objects; weight of ice, snow or sleet; and freezing of plumbing, heating, air conditioning or other household systems. It also covers personal liability: if you, your family or your property injures someone. In fact, your coverage is likely to be more comprehensive than the above list. Many homeowners policies cover damage by "just about everything," unless the coverage is specifically excluded. In these cases, it is even more important to understand what is not covered.

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    A thunderstorm caused my neighbor's tree falls down.
    The branches crashed into our fence around the garden and laid down between our our walkways, grass and flowers.
    Therefore, we could not use our front door anymore and because it happened during friday afternoon, so we have to wait untill monday for their home insurance to come over and take a look.

    My questions are:
    1. Will their home insurance cover everything?
    2. What other things can I ask for it? (such as my inconvenient...etc.)
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    Quote Originally Posted by amith View Post
    Home insurance can cover losses to the structure and contents of your home from any natural or man-made calamity. The disasters that can be insured against are fire, earthquakes, storms, cyclones, tempests, tornadoes, hurricanes, floods or inundation, lightning strike, explosion, landslides, impact by vehicles or aircraft, and bursting or overflowing of water tanks and pipes.

    Burglary cover. Loss due to burglary or an attempted robbery of valuables such as jewellery and silverware can also be covered.

    Alternative accommodation. In case the family is forced to shift to an alternative accommodation because of an insured peril, the cost of the additional rent will be taken care of.

    Breakdown of domestic appliances. Home insurance covers the breakdown of ACs, and refrigerators. If there is accidental electrical or mechanical failure of domestic appliances, losses that can be repaired will be settled by repaying repair cost without applying any depreciation by the insurance company. But items that are over 10 years old will not be insured.
    The informations what you have posted above about the home insurance is really very informative.

    this is the first time i m hearing about the alternative accomodation ie the cost of additional rent ll be taken care by the insurance company.
    this was very helpful and thanks for your post.

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    New User Level 0 AnMarieB's Avatar
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    Quote Originally Posted by amith View Post
    Home insurance can cover losses to the structure and contents of your home from any natural or man-made calamity. The disasters that can be insured against are fire, earthquakes, storms, cyclones, tempests, tornadoes, hurricanes, floods or inundation, lightning strike, explosion, landslides, impact by vehicles or aircraft, and bursting or overflowing of water tanks and pipes.

    Burglary cover. Loss due to burglary or an attempted robbery of valuables such as jewellery and silverware can also be covered.

    Alternative accommodation. In case the family is forced to shift to an alternative accommodation because of an insured peril, the cost of the additional rent will be taken care of.

    Breakdown of domestic appliances. Home insurance covers the breakdown of ACs, and refrigerators. If there is accidental electrical or mechanical failure of domestic appliances, losses that can be repaired will be settled by repaying repair cost without applying any depreciation by the insurance company. But items that are over 10 years old will not be insured.
    This information is not correct. Homeowner policies do not cover flood. Flood insurance is provided by the Federal Government through the National Flood Insurance Program. In addition, breakdown of domestic appliances are not covered.

    Depending on the state you live in, there may be exclusions, limitations or higher deductibles for earthquake and/or hurricane losses. Wind coverage is also a peril that may be excluded or have a higher deductible. This varies by state.

    Most homeowner policies will have a specified limit for jewelry, such as $2500. If your jewerly is worth more than the specified limit, you will need to purchase additional coverage.

    Replacement cost is not provided on all homeowners policies.

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    Quote Originally Posted by Heart View Post
    A thunderstorm caused my neighbor's tree falls down.
    The branches crashed into our fence around the garden and laid down between our our walkways, grass and flowers.
    Therefore, we could not use our front door anymore and because it happened during friday afternoon, so we have to wait untill monday for their home insurance to come over and take a look.

    My questions are:
    1. Will their home insurance cover everything?
    2. What other things can I ask for it? (such as my inconvenient...etc.)
    I realize that the question is 4 months old. But nobody's answered it so I will. It's important and comes up a lot in tree damage claims.

    1. The tree owner's home insurance is not likely to cover anybody else's damage from their tree that was blown down during a thunderstorm. A thunderstorm is an act of nature and not the result of negligence so the tree owner would not be liable. The damaged party would have to rely on the windstorm coverage in his own policy.

    2 - If there had been a valid negligence claim, like if the tree was dead and the owner ignored it and it just fell over without wind, the damaged party would just be entitled to the cost of repairs and the cost of removing the tree debris and would get nothing for inconvenience.

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    Default Re: What can be covered for Home insurance?

    Homeowners insurance will cover the home/structure itself, any garages, porches, awnings, pools etc as well. There is coverage for personal contents which is basically anything you can physically carry out of the home such as furniture, clothing, appliances etc. Homeowners insurance will also cover any precious items like jewelry, paintings, collectibles but these types of items need to be “scheduled”. A schedule will insure that specific item to value and these items require appraisals. You also have personal liability coverage which covers anything you are personally held liable for. So for instance if your dog bite someone or if someone fell on your property this would cover you. Loss of use is also included. This means that if you cannot reside in your home due to renovation or repairs for a covered claim, the policy will afford for you to live elsewhere during that time.

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    Originally Posted by Heart
    A thunderstorm caused my neighbor's tree falls down.
    The branches crashed into our fence around the garden and laid down between our our walkways, grass and flowers.
    Therefore, we could not use our front door anymore and because it happened during friday afternoon, so we have to wait untill monday for their home insurance to come over and take a look.

    My questions are:
    1. Will their home insurance cover everything?
    2. What other things can I ask for it? (such as my inconvenient...etc.)

    ================================================== =

    the ans is


    No one is held liable for acts of nature. If a tree fell on your property whether from your yard, your neighbor's yard, blown in from some national forest down the street or some other yard due to a natural occurrence you are responsible for the removal of debris on your own property. You may be covered under your own homeowner's policy for the damages and removal depending on the circumstances and on your insurance coverage. In many states, the tree must damage a structure for the debris removal to be covered. In almost all cases in the U.S. barring some proven negligence it is our own responsibility. The average homeowner is not expected to be an expert on trees.

    Bear in mind, these rules may be different in other countries.

    Another Perspective:
    If you had notified your neighbor, preferably in writing, of the possibility of damage from the tree and requested to have the tree trimmed or removed due to a dangerous condition then the neighbor may be liable for damages. A tree owner must act reasonably to prevent trees from damaging the neighbor's property.

    If your neighbor's tree is in a dangerous condition, you should send the letter by certified mail to the neighbor (and if possibly to their insurance company and yours) stating that they need to cut the branches or remove the tree to avoid any potential damage to your property. You should take some photos and keep them with a copy of the letter and the green card. Ignoring a damaged or unhealthy tree could create liability. Acts of nature are beyond our control. However, a tree owner must act reasonably to prevent trees from damaging the neighbor's property.

    1- Your insurance company would not pay for damages to the neighbor simply because you have no legal liability to the neighbor for the act of nature that caused the loss. Your first party insurance is specific to you and your property, not his.

    2- If the tree was obviously dead and you had prior notice from obvious observation or actual notice from the neighbor of the dangers you would have had a duty owed to the neighbor to abate that danger or hazard. Your failure to abate the danger would be the causal relationship to his damage.

    3- In the above case, the insurance carrier would possibly pay for the damage to the neighbor out of the liability portion of your policy. The reason for this is the verbage, "we will pay all sums you are legally liable to pay" in the liability section of the policy.

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    Home insurance basically is a type of property insurance that covers private homes. It is generally a term contract. Home insurance policy includes coverage for the contents of a home like TV, Clothes, and Furniture etc. It also includes property damage resulting from either theft, fire or any natural calamity. There are many benefits of buying a home insurance policy. One amongst them is that by buying home insurance your investment will be protected.

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    Home insurance, also commonly called hazard insurance or homeowner's insurance , is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use, or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. In many states, you are able to add a "green insurance" choice to homeowners’ insurance plans.

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