by mouse1976 » Wed Oct 12, 2011 07:30 pm
Hi friends, does my hownowner policy covers parts of my house that belong to "other structures" which are used for business purposes by me?
Thanks:)
Thanks:)
Posted: Thu Oct 13, 2011 05:24 am Post Subject:
Coverage B for Other Structures covers detached structures as garage, sheds, driveways etc.
Detached structures used for business purposes are NOT covered under a personal home owners insurance policy.
Posted: Thu Oct 13, 2011 05:26 am Post Subject:
However, optional coverage may be obtained.
Posted: Thu Oct 13, 2011 05:40 pm Post Subject:
Thanks:) other structures as a garage, sheds and driveways were mentioned. What about my swimming pool?
Posted: Fri Oct 14, 2011 07:00 am Post Subject:
Swimming pools are covered under other structures.
However it may differ from policy to policy.
Some policies may exclude swimming pools while others may charge extra to cover it.
Moreover, home insurance companies generally raise the premium rates for swimming pool owners, because of the risk factor.
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