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

If a Pipe Breaks

If a Pipe Breaks

Learn what to do when a pipe bursts with this helpful video flooded with smart tips.

What is Exposure?

What is Exposure?

Do you know what Exposure is?

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.