From Insurance Lounge

Homeowners insurance compensates you for damage to your home or the property inside. Homeowners insurance also protects you if you’re legally liable for someone’s injuries on your property, as well as financial losses caused by storms, fire or theft and other events outlined in your policy.

Different companies offer different insurance coverages. Generally a standard policy protects:

  • Dwelling and structure of your home
  • Personal property inside your home
  • Liability if someone is injured or   damages their property in your home
  • Medical payments
  • Additional living expenses due to loss of   use if your home is damaged

Additional coverages might include:

  • Higher limits of liability for property damage
  • Additional coverage for replacement cost for personal property