The typical homeowners policy has two main sections: Section I covers the property of the insured, and Section II provides personal liability coverage for the insured. Almost anyone who owns or leases property has a need for this type of insurance. Usually, homeowners insurance is required by the lender to obtain a mortgage.
Related FAQs
It's worth considering. Tennessee sits on two active seismic zones, and standard homeowners policies exclude earthquake damage. The East Tennessee Seismic Zone runs through the valley around Knoxville and Chattanooga ...
Usually not unless you add it. Many standard homeowners policies exclude sinkhole damage, but sinkhole coverage is generally available as an option in Tennessee. Much of East and Middle Tennessee ...
Some carriers offer a discount for roofs that resist hail and wind, such as Class 4 impact-resistant shingles or roofs built to the IBHS FORTIFIED standard. Class 4 shingles are ...
