Homeowners insurance

  Homeowners insurance plays a crucial role in protecting one of the most valuable assets people own—their home. A house is not only a financial investment but also a place of safety, comfort, and emotional attachment. Unexpected events such as natural disasters, accidents, or criminal activity can cause serious damage and lead to high repair costs. Homeowners insurance is designed to reduce these financial risks and help owners recover after a loss. Understanding how this type of insurance works and how repairs are handled after damage is essential for every homeowner. At its core, homeowners insurance is a contract between the homeowner and the insurance company. In exchange for regular premium payments, the insurer agrees to cover certain losses or damages specified in the policy. Most standard homeowners insurance policies include coverage for the structure of the home, personal belongings, liability protection, and additional living expenses if the house becomes uninhabitable....