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
For most homes in the Denver metro area, earthquake risk is low to moderate, and standard homeowners policies exclude earthquake damage. Colorado does have earthquakes: the Colorado Geological Survey notes ...
Colorado homeowners premiums are among the highest in the country, mainly because of hail and wildfire. The Front Range sits in "Hail Alley," and Colorado regularly ranks second only to ...
Start with a review of your policy and needs from a local agent who can compare carriers, since quotes for the same coverage on the same home can vary widely. ...
