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 Tree Falls

If a Tree Falls

This handy video helps you stay prepared in case a fallen tree has damaged your house.

Did You Know This Fact About Dryer Lint?

Did You Know This Fact About Dryer Lint?

Dryer lint is extremely flammable, and should be cleaned regularly

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.