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Homeowner insurance
Homeowner insurance
Homeowner insurance, also known as home insurance, is a type of property insurance that provides financial protection to homeowners in case of damage or loss to their homes. It typically covers the structure of the home, personal belongings, and liability for injuries or property damage caused to others.
The Homeowner insurance policies can vary in coverage, but common types of coverage include dwelling coverage, personal property coverage, liability coverage, and additional living expenses coverage in case the home becomes temporarily uninhabitable.
Homeowners are required to pay monthly or annual premiums to maintain their insurance coverage.
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