Call Us (518) 464-0059 ☰ ˟
Referral Rewards Request A Quote
Ten Eyck Group

(518) 464-0059
  • Home
  • Coverage
    • Airbnb
    • Automobile
    • Boat
    • Bonds
    • Commercial
    • Condominium
    • Cyber Liability
    • Employment Practices Liability
    • Financial Services
    • Flood
    • Group Health
    • Health
    • Homeowners
    • Life
    • Motorcycle
    • Personal Umbrella
    • Recreational Vehicle
    • Renters
    • Special Events Insurance
    • Uninsured/Underinsured Motorist
  • Get A Quote
    • Airbnb
    • Automobile
    • Boat
    • Bond
    • Business
    • Classic Car
    • Condo
    • Disability
    • Flood
    • Health
    • Homeowners
    • Jet Skis
    • Life
    • Long Term Care
    • Motorcycle/Recreational Vehicle
    • Non-Owned Auto Quote
    • Renters
    • The News Apartments
    • The Vicina Urban Flats
  • Customer Service
    • Customer Service
    • File A Claim
    • Make A Payment
    • Policy Review Request
  • Blog
  • Resources
    • Claims Corner
    • COVID-19 Resources
    • Important Links
    • Newsletter Archive
    • News Center
    • Refer a Friend
    • Secure File Area
    • Video Library
  • About Us
    • About Ten Eyck Group
    • Careers at Ten Eyck Group
    • Community Involvement
    • Meet The Team
    • Our Office Location
    • Our Reviews
    • Privacy Policy
    • Your Trusted Choice Agency
  • Contact Us
    • Contact Us
    • Join Our Newsletter
Commercial
Insurance

Minimize your risk with the best options

Personal
Insurance

Get the right coverage at the right price

Life & Health
Insurance

Protecting you for life, disability and long term care

Group
Benefits

Superior service to fit your needs

Surety
Bonds

Let our expertise guide you

Home > Blog > Who is an insured on an HO policy?
WEDNESDAY, OCTOBER 12, 2022

Who is an insured on an HO policy?

Definitions are very important in any insurance contract.  Throughout a Homeowner policy, YOU and YOUR refer to the NAMED INSURED shown in the declaration AND their SPOUSE, but only IF a resident of the same household.  If that spouse moves out, no coverage follows them.  

The Named Insured must be the legal owner of the home, that is, the name found on the deed to the property and the occupant of the home.  No other insured should be included as the Named Insured. 

Other insureds may only be covered by provisions and the terms of the policy.  
An INSURED means YOU and the following residents of your household…
YOUR RELATIVES – Family members are typically defined as a person related to YOU by blood, marriage or adoption that lives in your household including a ward or foster child.  And any other person under the age of 21 who is in the care of any person named above.  

An Insured Location means the residence premises.  The part of other premises, other structures or grounds USED by you as a RESIDENCE AND which is SHOWN in the declaration.  

Others who may have an insurable interest and how they should be named on your Homeowner policy…
An Additional Insured is a person that legally has an Insurable Interest in your home.    Remember, only a Named Insured should represent the legal owner AND resident.  
An Additional Insured might be a Trust, parent or child who holds the deed of the home but is not the resident of this household.   They can earn Additional Insured status on your policy.  In this example, there is typically an agreement of “life tenancy” that allows an individual, parent or child that occupies and furnishes the home to be the Named Insured w/ the legal owner listed as the Additional Insured.  
A Mortgagee has just a financial interest in the property and should not get Additional Insured status, rather just the status as mortgagee. 

To help you organize your thoughts, grab a sheet of paper…
Jot down the names of all those in your household. 
Circle who should be the Named Insured because they are the Deeded Owner & Occupant of the home.    
Underline who would be considered an Insured by definition of Other Insureds above.
Put a star next to those that don’t meet the definition of an Insured above.  They don’t meet the definition of who is covered under your policy so we’ll want to find a solution to provide this person coverage for their belongings and liability associated with them specifically.  
Make a note of any other legal entity, their relationship to you/property, that has insurable interest in your home.  Communicate your concerns to your agent as to how you would provide coverage for this person or entity.  

Please be properly protected!!  
 
Posted 5:55 PM

Tags: homeowners insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

  • ten eyck group(38)
  • home insurance(17)
  • business insurance(15)
  • auto insurance(14)
  • car insurance(10)
  • covid-19(6)
  • insurance(6)
  • the millennial minute(6)
  • health insurance(5)
  • flood insurance(4)
  • life insurance(4)
  • protection(4)
  • cyber liability insurance(4)
  • commercial insurance(4)
  • coverage(4)
  • homeowners insurance(3)
  • motorcycle insurance(3)
  • bop insurance(3)
  • surety bonds(2)
  • rideshare insurance(2)
  • albany life insurance(2)
  • albany motorcycle insurance(2)
  • renters insurance(2)
  • boat insurance(2)
  • albany flood insurance(2)
  • professional liability insurance(2)
  • general liability insurance(2)
  • antique car insurance(1)
  • long term care insurance(1)
  • college graduate insurance(1)
  • driving record(1)
  • cyber bullying(1)
  • crime coverage(1)
  • albany life insurance policy(1)
  • albany business interruption insurance(1)
  • travel insurance(1)
  • albany car insurance(1)
  • new york cyber liability insurance(1)
  • albany condo insurance(1)
  • snowmobile insurance(1)
  • bonds(1)
  • cyber threats(1)
  • personal insurance(1)
  • actual cash value(1)
  • replacement cost(1)
  • flood zones(1)
  • albany auto insurance(1)
  • president's circle(1)
  • rv insurance(1)
  • new york(1)

View Mobile Version

Featured Carriers

  • Acadia Insurance
  • Adirondack
  • Aflac
  • Allianz
  • AmTrust
  • Andover
  • CDPHP
  • Chubb
  • CNA
  • Dryden
  • Encompass
  • Erie and Niagara Insurance Logo
  • Great American
  • Guardian
  • The Hartford
  • Hanover
  • Highmark Northeastern New York Logo
  • Kemper
  • Liberty Mutual
  • Main Street America
  • Merchants
  • MVP Health
  • Nationwide
  • NYCM
  • perma logo
  • Philadelphia
  • Progressive
  • Pure Insurance
  • logo
  • Sentry
  • Travelers
  • Utica National
  • Vermont Mutual Insurance Group
Facebook
Twitter
LinkedIn
Google+
Get Directions
Contact Us Today
Have Questions?
Contact Us
Resources
Our Products
Customer Service
Payment Options
Report a Claim
Newsletter
Video Library
About Us
Refer A Friend
Our Carriers
Trusted Choice Agency
Blog
Contact Us
Contact us 1924 Western Avenue
Albany, NY 12203

Ph: 518.464.0059
Fx: 518.456.7076

Logos
© Copyright 2021. All rights reserved. Powered by Insurance Website Builder.
Trusted Choice