With HO-6 coverage, your homeowner's policy will pay the balance for remaining losses but only after the master insurance policy pays 100 percent of its limit.
Homeowner's insurance policies can be very complex and confusing. Additionally, each state has different laws regulating homeowner's insurance. Having a real estate lawyer review your master policy will help you determine what kind of homeowner's coverage you need.
Last Modified: 05-22-2018 12:16 AM PDTLaw Library Disclaimer
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