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

Extended Care: A Patchwork of Possibilities

Extended Care: A Patchwork of Possibilities

What is your plan for health care during retirement?

Insurance Needs Assessment: For Empty Nesters and Retirees

Insurance Needs Assessment: For Empty Nesters and Retirees

Do your insurance needs stay the same when the nest empties?

Disability Income

Disability Income

This calculator estimates your chances of becoming disabled and your potential need for disability insurance.