Homeowners insurance is a type of insurance policy that provides financial protection for a homeowner’s property and liability.

This type of insurance typically covers the cost of repairs or replacement of the home and its contents in the event of damage or loss due to covered perils, such as fire, theft, or natural disasters.

Homeowner’s insurance may also provide coverage for personal liability if someone is injured on the homeowner’s property, as well as additional living expenses if the home is uninhabitable due to damage or loss.

The cost of homeowners insurance can vary depending on factors such as the location and value of the home, the level of coverage desired, and the homeowner’s claims history. Homeowners insurance is typically required by mortgage lenders and is an important form of protection for homeowners.