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Hazard insurance

 
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Lichensa



Joined: 03 Nov 2010
Posts: 15

PostPosted: Tue Nov 23, 2010 3:30 pm    Post subject: Hazard insurance Reply with quote

Hazard insurance, also called homeowner's or property insurance, provides coverage for specific natural hazards, such as fire, wind, earthquakes and vandalism. Many homeowners purchase a 'comprehensive' form of insurance first, which may cover almost all possible damages, but then seek additional hazard insurance for specific dangers. Those who live in flood plains may buy hazard insurance for water damage, for example, while homeowners in California may add earthquake insurance.
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