Which of the following is something that will not affect your homeowners insurance premium a the distance of the home from a school b the distance?

• Where you live.
• The price of your home and the cost to rebuild it.
• The amount of coverage.
• Your home's age and condition.
• Home security and safety features.
• Your credit history.
• Additional types of coverage.
• Your deductible.

• Learn What You Can Control. 1/10. ...
• Location, Location, Location. 2/10. ...
• Home Age and Construction. 3/10. ...
• Remodeling and Risk. 4/10. ...
• Home Business. 5/10. ...
• Personal Profile. 6/10. ...
• Likelihood of Fire. 7/10. ...
• Coverage Type. 8/10.

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

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 one of the following is not covered under home insurance policy?

What is not covered? Destruction of property willfully. Damages to property due to wear and tear. Loss to property due to war.

What are exclusions on homeowners insurance?

An exclusion is any loss or damage that isn't covered by your insurance policy (read: you won't be able to file a claim for them).

What are some items typically excluded from property insurance?

What are examples of commonly covered and not covered homeowners insurance situations 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.

What are factors that affect the cost of paying for insurance?

Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.

Why are home insurance premiums going up?

As natural disasters continue to grow in frequency and intensity, government agencies, homeowners and insurance companies are bracing for more expensive repair costs. Although homeowners insurance rates are rising, your policy is still based on your personal rating factors.

What factors affect life insurance premiums?

What are the factors that determine the cost of tenants or homeowners insurance?

What is homeowners insurance premium?

Your homeowners insurance premium is the amount of money you pay every year to keep your insurance policy active. Most insurers offer flexible payment options, with the ability to pay your homeowners premiums monthly, quarterly or annually.

What determines the price of home insurance?

Homeowners insurance premiums are determined by many factors

Replacement cost of the home (higher cost = higher rates) Age of the home (newer homes can be cheaper to insure) Home square footage (larger homes are more expensive to rebuild and have higher premiums)

Which of the following items is a common exclusion on a house and contents policy?

Although they tend to vary between insurance companies, some of the common exclusions are: Leaving your property uninhabited for an extended period. When it comes to home and contents insurance, there's no written rule for how long you can leave your house unoccupied.

Which of the following are excluded from comprehensive home policy?

General exclusions of a home insurance policy in India

Intentional/willful destruction of the property (home and contents) Any property which is kutcha construction. Pre-existing damage to the structure of your home and contents. Manufacturing defects in electrical, mechanical and electronic items.

Which of the following is a section I exclusion in the homeowners policy?

Which of the following is a Section I exclusion in the Homeowner policy? B-Governmental action is the destruction, confiscation, or seizure of covered property by order of the government and is excluded in the Homeowner policy.

Why are there exclusions in insurance policies?

Exclusions are provisions in business insurance policies that eliminate coverage for certain types of property, perils, situations, or hazards. Risks described in exclusions aren't covered by the policy. Insurers utilize exclusions to remove coverage for hazards they're unwilling to insure.

What are the six categories typically covered by homeowners insurance?

Generally, a homeowners insurance policy includes at least six different coverage parts. The names of the parts may vary by insurance company, but they typically are referred to as Dwelling, Other Structures, Personal Property, Loss of Use, Personal Liability and Medical Payments coverages.

What does excluded mean on insurance?

An excluded driver is a person in your household who has been explicitly excluded from coverage under your car insurance policy. Their name will show as "excluded" on your policy, and they won't be insured to drive any vehicles on your policy.

Which of the following would not be considered part of the insured location under the liability section of a homeowners policy?

Which of the following would NOT be considered part of the insured location under the liability section of a homeowners policy? Dwelling replacement cost.

What area is not protected by most homeowners insurance?

Which of the following disasters is typically not covered by property insurance?

A homeowners insurance policy typically covers natural disasters caused by explosion, fire, lightning, hail, windstorm, hurricanes, tornadoes, extreme cold, volcanoes and theft. Homeowners insurance usually does not cover earthquakes, floods, tsunamis or nuclear disasters.