What’s the difference between HO3 and HO6?
What's the difference between HO3 and HO6?The largest difference between the two types of policies are that an HO3 policy...
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Is Lemonade an insurance company?
Is Lemonade an insurance company?About Lemonade Lemonade offers a variety of policy types, including home insurance, renters insurance, term life...
What happens if you under insure your house?
What happens if you under insure your house?Best practice suggests a property is underinsured if an insurance policy covers 90...
What is better HO3 or HO5?
What is better HO3 or HO5?An HO-3 policy only covers personal property for named perils, while an HO-5 policy covers...
How do you know if your bathroom floor has water damage?
How do you know if your bathroom floor has water damage?Signs You Have Water Damage Musty smell. Recurring mold and...
What does being over insured mean?
What does being over insured mean?Legal Definition of overinsurance : insurance (as from two or more policies) that exceeds the...
What are 2 things not covered in homeowners insurance?
What are 2 things not covered in homeowners insurance?Standard homeowners insurance policies typically do not include coverage for valuable jewelry,...
What is ACV price?
What is ACV price?What Is Actual Cash Value? Actual cash value (ACV) is the amount equal to the replacement cost...
What are the three main types of property insurance coverage?
What are the three main types of property insurance coverage?There are three types of property insurance coverage: replacement cost, actual...
What does ACV and RCV mean?
What does ACV and RCV mean?Depreciation is the reduction of the value of a product based on factors including use,...
