What does a homeowners policy primarily cover?

A homeowners policy primarily covers the physical structure of the home and the personal belongings contained within it. This type of insurance is designed to protect homeowners from financial loss due to events like fire, theft, vandalism, and certain natural disasters, depending on the coverage specifics and exclusions outlined in the policy.

The physical structure refers to the house itself, including its fixtures, and any detached structures on the property such as garages or sheds. Personal belongings include furniture, clothing, electronics, and other possessions that are typically within the home. This coverage is essential for homeowners as it helps to safeguard their investment in their property and their personal items, providing peace of mind knowing that they are financially protected against unforeseen events.