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

Forecast

Forecast

Life is as unpredictable as the weather. We’d love to help you prepare.

Little-Known Homeowners Insurance Facts

Little-Known Homeowners Insurance Facts

Many homeowners are unaware of how much their policy may cover. This article can help you maximize your homeowners insurance.

Assess Your Life Insurance Needs

Assess Your Life Insurance Needs

This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.