How Much Homeowner’s Insurance Do You Really Need?
What is homeowner’s insurance and how much do you need? Homeowner insurance is a type of property insurance that protects your private home. Homeowner’s insurance combines various personal insurance protections, which can include losses occurring to one’s home and its contents. Homeowner’s insurance also can cover loss of use which is also known as additional living expenses, loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner. Basically, homeowner’s insurance provides financial protection against disasters.