What is a Homeowner's Insurance Policy?

Homeowner's Insurance Policy

[hohm-oh-ners / in-shoo r-uh ns / pol-uh-see]

noun

1.

Homeowner’s Insurance is an insurance Policy that protects you in the event a tragedy or disaster strikes your home. A Homeowner’s Insurance Policy is distinct from a Dwelling Fire Policy because a Homeowner’s Policy covers not only the physical structure of your home (the dwelling) but also the belongings inside (since it assumes that that the policyholder is the one living in the insured home).

Share |

Have A Question About This Topic?

Thank you! Oops!
 

Related Contents

Your DNA Test

Your DNA Test

If your family relies on your income, it’s critical to know what their needs would be in the event of your death.

Gun Ownership and Your Homeowners Policy

Gun Ownership and Your Homeowners Policy

Gun owners need to make sure that their homeowners policy covers the full value of their firearm(s) as personal liability.

Long-Term-Care Protection Strategies

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.