Which of the following is something that will not affect your homeowners insurance? (2024)

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

Expert-Verified Answer. The correct answer for this question above homeowners insurance premium would be option A. The one that is something that will not affect your homeowners insurance premium would be the distance of the home from school. In addition, the color of the home won't affect it as well.

Which of the following is not covered by homeowners insurance?

Many things that aren't covered under your standard policy typically result from neglect and a failure to properly maintain the property. Termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear and tear are not covered.

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

Final answer:

The distance of the home from a school will not affect your homeowners insurance.

What does not affect your property insurance premiums?

Your age. Your age does not typically affect your property insurance premium. The other factors listed can have an impact on your premium. Location of the property can affect the risk of natural disasters or crime, which can influence the cost of insurance.

What are 5 factors that affect your home insurance premium?

What is excluded on a homeowners policy?

Common exclusions in even the most comprehensive homeowners policies include: earth movement, such as earthquakes; sinkholes or landslides that damage your home; water damage, such as floods or sewer back-ups that leak through a pipe or seep through the foundation causing damage to your home; damage resulting from ...

Which one is not protected by most homeowners insurance?

What are the three types of risks that homeowners insurance covers?

Homeowners insurance policies generally cover destruction and damage to a residence's interior and exterior, the loss or theft of possessions, and personal liability for harm to others. Three basic levels of coverage exist: actual cash value, replacement cost, and extended replacement cost/value.

Which of these can affect the cost of home insurance coverage?

The cost of homeowners and tenants insurance depends on a number of factors including: location, age and type of building. use of building (residence and/or commercial) proximity of fire protection services.

Which of the following can affect your insurance premiums?

The factors that affect car insurance rates include your age, driving history and marital status and details about your vehicle, such as its model year. Discover if you are overpaying for car insurance below.

Which of the following is not included in property insurance coverage?

Homeowners insurance doesn't cover floods, earthquakes, typical wear and tear, and damage due to insufficient maintenance. You can usually add flood and earthquake coverage to your policy for an additional fee, but wear and tear and damage from a lack of maintenance are considered preventable.

What are four major exclusions found in homeowners insurance policies pertaining to real property?

Earthquake, flood, mold, earth movement, and “wear and tear” are some of the perils that are usually excluded.

What are some items typically excluded from property insurance?

What are examples of commonly covered and not covered homeowners insurance?

Damage or destruction due to vandalism, fire and certain natural disasters are all usually covered. So is your liability if someone is injured on your property. Certain catastrophes, like flooding or earthquakes, are generally not covered by basic homeowners policies and require specialized insurance.

What is one factor that affects a homeowners insurance premium?

Homeowners insurance factors like your location, credit-based insurance score and claim history may all impact your rate. To find the most affordable policy for your situation, most insurance professionals recommend comparing quotes from several different home insurance providers.

What are 3 factors that insurance companies look at to determine how much your insurance is going to cost?

These factors may include things such as your age, anti-theft features in your car and your driving record. While it may be tempting to reduce or eliminate coverages to help lower your car insurance premium, it's important to know that there are other factors that may also affect the price you pay.

What are the exceptions to insurance policies?

Most insurance policies feature exclusions that void the insurance contract if the insured is attempting to recoup losses resulting from lawless behavior or criminal actions.

What does homeowners insurance not cover 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.

Which of the following perils is excluded under a homeowners policy?

Among the excluded perils (or exclusions) of homeowner's policies are the following: loss due to freezing when the dwelling is vacant or unoccupied, unless stated precautions are taken; loss from weight of ice or snow to property such as fences, swimming pools, docks, or retaining walls; theft loss when the building is ...

What is protected by homeowners insurance?

Homeowners insurance covers damage to your home, property, personal belongings, and other assets in your home. Your homeowners insurance policy may also cover living expenses above your normal cost of living if a covered loss forces you to stay elsewhere while your home is being repaired or rebuilt.

Which area is not protected by most homeowners insurance framework?

What is not covered by accidental damage?

It doesn't include damage that's due to a lack of upkeep or that happens slowly over time. For example, if your roof leaks because it hasn't been looked after.

What type of risk are not covered by insurance?

An uninsurable risk could include a situation in which insurance is against the law, such as coverage for criminal penalties. An uninsurable risk can be an event that's too likely to occur, such as a hurricane or flood, in an area where those disasters are frequent.

What is the most important thing in homeowners insurance?

The most important part of homeowners insurance is the level of coverage. Avoid paying for more than you need.

What disaster is typically not covered by property insurance?

Earth movement, landslide, tremors, mudslide or earthquake caused by a volcano is not usually covered under homeowners insurance.