Introduction
Homeowners insurance also commonly known as home insurance, is a type of property insurance that covers the damages to an individual’s home, along with furnishings and other assets in the home. It helps to provide financial protection for losses to a residence and other personal belongings. Homeowners insurance also pays liability coverage against accidents that occur in residential premises.
Homeowners policy usually includes loss of interior damage, exterior damage, damage of personal assets, and injuries that arise on the insured residential property. We will discuss some more points about the Homeowners Insurance Policy.