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Home Insurance Terms Explained
Knowing words like premium, deductible, limit and endorsement helps you read any quote accurately and compare offers fairly.
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Quick tips
- The premium is what you pay for the policy
- The deductible is what you pay per claim
- Endorsements add or change coverage
Ask your agent: How does this apply to my home and state, and what are the limits and exclusions for home insurance terms explained?
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