In case your home or your personal belongings inside your home get damaged or stolen, home insurance will offer you financial protection from loss or damage. Home insurance also provides you with protection just in case you’re responsible for damages to other people’s property.

There are many various sorts of home coverage . A basic policy will usually protect you from damage caused by extreme weather (lighting, hail, and wind), fire, theft or vandalism . More advanced home coverage will include more protection, like abrupt collapse, falling objects or flooding from appliances. Some insurance companies may exclude protection from floods and earthquakes, but will offer supplemental protection you’ll include in your policy.