Insurance

What is a Homeowners Insurance Policy?

Homeowners Insurance Policy

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

noun

1.

Homeowners Insurance is an insurance policy that protects you in the event a tragedy or disaster strikes your home. A Homeowners Insurance Policy is distinct from a Dwelling Fire Policy because a Homeowners 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).

Have A Question About This Topic?

Thank you! Oops!

Related Content

What Deductible is Right for You?

What Deductible is Right for You?

Deductibles are tricky for some. Help make it simple with this article.

A Deep Dive Into Deductibles

A Deep Dive Into Deductibles

Your deductible does more than lower your premium. Here's what it's actually telling you about your coverage.

Test Your Life Insurance Knowledge

Test Your Life Insurance Knowledge

How much do you know about one of the most important tools you have to help protect your and your family’s financial future?