What does homeowner's insurance cover?

What does homeowner's insurance cover?

Sam Friedman (Editor-in-Chief, National Underwriter, Property & Casualty Edition) gives expert video advice on: What does homeowner's insurance cover?; Am I required to have homeowner's insurance?; What does home insurance property protection cover? and more...

Homeowner's insurance covers a fairly wide variety of exposures. Basically, homeowner's insurance will cover the property itself if it's damaged in a fire, or in a natural disaster, such as a hurricane. It will cover you in case you are burglarized and lose personal property that way. Homeowner's insurance will cover you if any individual who may be visiting you is injured on your property, such as slipping on an icy driveway, tripping on your stairs, or tripping over the family dog. In any situation where and individual is hurt and sues you, the homeowner's insurer will step in.