Homeowners insurance provides you with financial protection against disasters. It is an insurance policy that combines various personal insurance protections, which can include loss to one’s home, other structures, its contents, additional living expense as well as personal liability for any injuries and property damage you or members of your family cause to others.

Damage caused by most disasters is covered, but there are exceptions (exclusions) and limitations. The most significant are damage caused by flood, water backup, earthquakes, and poor maintenance. Maintenance is the homeowners duty and responsibility.