What is homeowners coverage?
Homeowners insurance provides you with financial protection in the event of a disaster or accident involving your home.
Homeowners Insurance covers your house and personal belongings in the event of a covered loss, such as water or fire. Typically, your Homeowners Insurance will also include liability coverage for any injuries and property damage to others caused by you or members of your household and possibly your pets, depending on breed, as required by law and mandate.
Condominium Insurance covers your personal belongings, liability and required portions of the interior structure as determined by Condominium by-laws and State mandates.
Renters can purchase coverage for their personal belongings, liability and any additional parts of the interior required by the owner or by-laws.
All forms of home insurance provide coverage for any cost incurred while living away from your home during repairs from a covered loss.