The Importance of Understanding “Residence Premises” in Homeowner’s Insurance—Where You Reside Is Often an Important Coverage Issue
Death, divorce, disease, disability and wealth often lead to situations where people may change homes or have multiple places to live. Anytime these happen, policyholders need to be careful that their residential insurance policies do not stop providing full coverage. This is a significant issue, as I noted in “Residence Premises” and Other Killer Exclusions,…