Indemnifies the risk to this precious personal asset from the risk of fire,lightening, storm, explosion, inundation, theft, burglary and like risks. Home insurance, also commonly called homeowner's insurance is a type of property insurance that covers your house. It is an insurance policy that combines various personal insurance protections that includes losses occurring to one's home, its contents, loss of use or loss of other personal belongings of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory.
Additionally, homeowner's insurance provides financial protection against disasters. A standard home insurance policy insures the home itself along with the belongings inside the premises.
Things to consider when buying your home insurance:
- Buildings insurance
- The belongings of your home including valuable items
- Accidental damage
- Away from home cover
- Alternative accommodation & legal cover