Home Insurance Policy
type: Class
subclass of: R9uTFHGFCMBjtYw5MOmpotJ
definition: A home insurance policy is a contract between a homeowner and an insurance provider that offers financial protection against damages to the home, its contents, or liability claims arising from injuries on the property. The policy outlines the covered perils, such as fire, theft, or natural disasters, and requires the payment of premiums for the coverage to remain active.