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Keying into Safety: What You Should Know About Your Key Ring
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Most of us carry keys with us wherever we go. We take our keys for granted, usually until we lose them. But it's important to remember a few “key” safety tips: |
- Don't put ID labels on your keys. If you lose them, a potential burglar will not only know where you live, but have the keys to your castle.
- Don't leave spare keys under the doormat, above the door, or in the mailbox. These are the first places a burglar will look. Leave your extra set with a trusted friend or neighbor.
- Get a removable clip for separating your car keys from your house keys. If you have to leave your car for servicing, or with a parking attendant, remember to detach your personal keys.
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Home owner Insurance FAQs
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Home Owner Insurance |
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This essential home
owners insurance coverage, which protects your dwelling and possessions against
a wide variety of perils, offers a number of options. You'll need to determine
the full value of your property, buy the right type of coverage, and have
the proper levels of protection within that policy. You might need supplemental
coverage for such “high-ticket” items
as jewelry or computers, or for protection against natural disasters, that
the basic policy might not cover.
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The seven
basic types of Home owners insurance coverage apply in all states
except Texas:
HO-1:
Basic Home owners Insurance. Covers
your dwelling and personal property against losses from 11 types of perils,
including fire or lightning, theft, windstorm or hail, and vandalism
or malicious mischief.
HO-2:
Basic Homeowners Insurance Plus. Protects
against losses against the 11 basic perils in HO-1, plus six more: Falling
objects, weight of ice, snow or sleet, three categories of water-related
damage from utilities or appliances, and electrical surge damage.
HO-3:
Extended or Special Homeowners Insurance. Extended
or Special Homeowners. Covers the 17 stated perils of the HO-2, plus
any other peril not specified in the policy, except for Flood, Earthquake,
War, and Nuclear Accident. This description applies only to the dwelling.
Personal property is covered only for the named perils, though special
coverage on contents is normally available by endorsement. Some companies
might offer a policy for "high value" homes that includes special form
coverage on contents.
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HO-4: Renters Insurance. Covers personal property only from the 17 HO-2 perils.
HO-5: All Risk. Covers building and personal property. This is rarely sold.
HO-6:
Condominium Owners Insurance coverage. Covers
personal property, together with building items in which the condo owner
might have an insurance interest, from the 17 HO-2 perils. |
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HO-8: Basic Older-Home Coverage. Covers repairs or actual cash values, not rebuilding costs, to the dwelling and personal property from the 11 HO-1 perils. Designed for homes whose history or architecture make replacement cost significantly higher than market value.
Most
homeowners buy HO-2 or HO-3 insurance policies.
There
are variations on these policies. For example, landlords can buy coverage
that insures a building only and not personal property (which would be covered
by a Renters policy). You can get special Mobile Home Insurance policies
to cover manufactured houses.
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