Frequently Asked Questions
Home Insurance Basics
39 articles
Basic Vocabulary
- What is a deductible?
- What is Evidence of Insurance and when do you need it?
- What is a peril and what qualifies as an insurable peril?
- What is dwelling insurance?
- What is an insurance limit?
- What is an umbrella insurance policy?
- What is an insurance score?
- What is a limit of liability and a special limit of liability?
- What is negligence?
Home Insurance Help
- Are home insurance and homeowners insurance the same thing?
- What is the difference between an EOI and a declaration page?
- What’s the difference between replacement cost and actual cash value?
- Does homeowner’s insurance cover a loss resulting from an earthquake?
- Does my homeowner’s insurance policy cover a flood loss?
- What if my insurance application is denied or I didn’t get the best premium due to my prior losses?
- What does it mean to “schedule personal property” when it comes to homeowners insurance, and what are the benefits of scheduling personal property?
- What's the difference between real property and personal property?
- What is owner’s title insurance, and when would I need it?
- Who pays for the title insurance?
Before I Buy
- Is homeowners insurance tax deductible?
- When should I start shopping for homeowners insurance?
- Why is homeowners insurance important?
- How does homeowners insurance work?
- How long does it take to get home insurance?
- What factors can influence home insurance premiums?
- Do I need home insurance?
- When should I actually buy homeowners insurance?
Navigating My Home Insurance
- Can my homeowners insurance be canceled because my house is empty/vacant?
- What are insurance exclusions, and where can I find exclusions in my homeowners policy?
- What is a declaration page, and what information can I typically find there?
- What is my date of issue, and how is it different from my effective date? Where can I find these for my policy?
- What are the different types of home insurance deductible options?
- What does it mean to be underinsured?
- Will homeowners insurance replace my house if it’s destroyed?
- Can I increase or reduce my coverage once I complete my purchase?
- Is homeowners insurance included in my mortgage payment?
- What’s typically not covered by home insurance?
- What’s typically included in home insurance?
- What is loss assessment coverage, and what does it cover exactly?