The personal property coverage includes furniture, electronic items and clothing. The HO-3 homeowners insurance scheme is a very common policy to all type of consumers. It includes Dwelling coverage scheme includes wind, fire and smoke, lightening strikes and hailstones. In the same way liability coverage includes other party’s lost wages, medical bills, repairing damaged caused to someone and legal expenses. This coverage is playing a major role in the homeowner’s insurance policy. Finally the other structures coverage will help to fix the certain components at the home. The losses include mainly roof, shield replacing, and fence clearing and so on.
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Home warranty is not a part of HO-3 Homeowners insurance
Enormous things not covered in the home insurance which are covered in the Home warranty are the main difference between the Home insurance verses Home warranty coverage. The HO-3 homeowners insurance covers many things and they are servicing, replacement, malfunction in which also includes that plumbing, garbage disposals, electrical wiring infrastructures and so on. In home warranty coverage, it has some limitations to avail it. Most of the agents offer home warranty is the one of the option to select. Basically this coverage includes basic coverage which would be like air conditioning, water damage.