Is hazard insurance deductible?

Answer On One Hand: Determine EligibilityIf the property that you own is your private residence, the hazard insurance that you pay is not deductible on your federal tax return. If the property is is a cur... Read More »

Top Q&A For: Is hazard insurance deductible

What is the difference between hazard insurance and homeowners insurance?

Depending on the source, the terms hazard insurance and homeowner's insurance mean the same thing or describe two very different products. Both mortgage and insurance companies use both terms, but ... Read More »

Is hazard insurance covered under most master or blanket home owners association insurance policies?

Since every owners association is different: every condominium or homeowners property is different from any other, the master insurance policy coverage is tailored to each individual property.As we... Read More »

Will secondary insurance pay the co-insurance amount of primary insurance if you have met the deductible in secondary insurance?

Answer You're going to have to look at your policy or brochure to see what the provisions are.For more details see

What is hazard insurance?

Hazard insurance, also known as homeowner's insurance, is not required by law, however, mortgage lenders will require homeowners to carry a policy on their home to protect it from damage and/or pro... Read More »