What is home insurance?

Home insurance provides unique insurance coverage for the properties in your home. As a form of property insurance, it offers compensation in case of any damage to property or structures in your home. Home insurance is borne out of the untold risks involved in having a home.

It covers damages to the house and properties of the insured based on the policy. Damages that occur to assets in the house tend to be serious because a home is a necessity and vital properties can be kept at home.