Which of the following is something that will not affect your homeowners insurance? (2024)

Which of the following is something that will not affect your homeowners insurance?

Which of the following is something that will not affect your homeowners insurance premium? Answer: A (The distance of the home from a school.)

Which of the following is something that will not affect your homeowners insurance premium brainly?

Final answer:

The distance of the home from a school will not affect your homeowners insurance.

Which of the following is not covered by homeowners insurance?

Many things that aren't covered under your standard policy typically result from neglect and a failure to properly maintain the property. Termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear and tear are not covered.

What does not affect your property insurance premiums?

Your age. Your age does not typically affect your property insurance premium. The other factors listed can have an impact on your premium. Location of the property can affect the risk of natural disasters or crime, which can influence the cost of insurance.

What are three 3 examples of what may not be covered under homeowner's insurance coverage?

What are 5 factors that affect your home insurance premium?

What does homeowners insurance not cover quizlet?

Typical homeowners insurance policies offer coverage for damage caused by fires, lightning strikes, windstorms and hail. But, it's important to know that not all natural disasters are covered by homeowners insurance. For example, damage caused by earthquakes and floods are not typically covered by homeowners insurance.

Which one is not protected by most homeowners insurance?

What are the three types of risks that homeowners insurance covers?

Homeowners insurance policies generally cover destruction and damage to a residence's interior and exterior, the loss or theft of possessions, and personal liability for harm to others. Three basic levels of coverage exist: actual cash value, replacement cost, and extended replacement cost/value.

What is excluded on a homeowners policy?

Common exclusions in even the most comprehensive homeowners policies include: earth movement, such as earthquakes; sinkholes or landslides that damage your home; water damage, such as floods or sewer back-ups that leak through a pipe or seep through the foundation causing damage to your home; damage resulting from ...

Which of the following is not a usual component of the homeowners policy?

Standard homeowners policies do not cover flooding, earthquakes or poor maintenance.

What is not covered under a dwelling policy?

Note: Dwelling coverage on standard policies typically won't protect against damage caused by floods, earthquakes, sewer backups, or lack of maintenance. Learn how flood insurance works and what to do if your home is damaged in an earthquake.

What factors will affect the homeowners insurance cost?

What are four major exclusions found in homeowners insurance policies pertaining to real property?

Earthquake, flood, mold, earth movement, and “wear and tear” are some of the perils that are usually excluded.

In what circ*mstance would a property insurance be rejected?

Intentional Damage

Property insurance is designed to protect against unexpected and accidental damages. If damages occur intentionally or due to deliberate actions, the claim is likely to be rejected. Insurance coverage is not meant to provide protection for damages caused intentionally.

What type of risk are not covered by insurance?

An uninsurable risk is a risk that insurance companies cannot insure (or are reluctant to insure) no matter how much you pay. Common uninsurable risks include: reputational risk, regulatory risk, trade secret risk, political risk, and pandemic risk.

Which type of risk or risks are covered in homeowners insurance?

It offers broad coverage for your dwelling and personal belongings against all perils unless specifically excluded in the policy. This "all-risk" coverage protects your home from a wide range of events, including fire, theft, vandalism, and natural disasters.

Which of the following perils is excluded under a homeowners policy?

Among the excluded perils (or exclusions) of homeowner's policies are the following: loss due to freezing when the dwelling is vacant or unoccupied, unless stated precautions are taken; loss from weight of ice or snow to property such as fences, swimming pools, docks, or retaining walls; theft loss when the building is ...

What are at least 5 factors which affect insurance rates and coverage for drivers?

What are examples of commonly covered and not covered homeowners insurance?

Damage or destruction due to vandalism, fire and certain natural disasters are all usually covered. So is your liability if someone is injured on your property. Certain catastrophes, like flooding or earthquakes, are generally not covered by basic homeowners policies and require specialized insurance.

What are 3 factors that insurance companies look at to determine how much your insurance is going to cost?

These factors may include things such as your age, anti-theft features in your car and your driving record. While it may be tempting to reduce or eliminate coverages to help lower your car insurance premium, it's important to know that there are other factors that may also affect the price you pay.

Which of the following do most homeowner's policies exclude coverage for?

Lightning, fire, and theft are all examples of perils are found under the exclusions section of every standard homeowners insurance policy. This means if your house or another structure on your property is damaged due to any of the following, your home insurance company won't cover the cost of repairs.

Which of the following coverages is included in the homeowners policy but is not included in an unendorsed dwelling policy?

Which of the following coverages is included in the homeowners policy but is not included in an unendorsed dwelling policy? Liability & theft.

What are examples of commonly covered and not covered homeowners insurance situations Ramsey quizlet?

What are examples of commonly covered and not covered homeowner's insurance situations? Fire, storms, hail, injuries, and theft would be covered in homeowner's insurance. Sewer backups, floods, earthquakes, flooding, mold, and pest control would not be covered in homeowner's insurance.

What is protected by homeowners insurance?

Homeowners insurance covers damage to your home, property, personal belongings, and other assets in your home. Your homeowners insurance policy may also cover living expenses above your normal cost of living if a covered loss forces you to stay elsewhere while your home is being repaired or rebuilt.