What is "property insurance"?

What is "property insurance"?

Sam Friedman (Editor-in-Chief, National Underwriter, Property & Casualty Edition) gives expert video advice on: Do I need insurance?; How much insurance do I need? and more...

Property insurance, for our context in a homeowner's policy, essentially is the loss of your home, whether there's a fire, whether there is hurricane damage to it, things of that nature. There are also personal property losses. For instance, if you have jewelry, if you have furs, televisions, furniture, satellite dishes, things of this nature, those are all considered personal property.