{"iri":"https://folio.openlegalstandard.org/R8CBbufZek3HjMa7dyrhAS","label":"Homeowner's Insurance Policy","sub_class_of":["https://folio.openlegalstandard.org/R75X7YZe3jw77Sogk8Vz8NT"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A homeowner's insurance policy is a contract between a homeowner and an insurance provider that offers financial protection against damages to the home, its contents, and liability claims arising from injuries on the property. The policy typically covers a range of perils such as fire, theft, and natural disasters. Premiums are usually required for the coverage to remain active.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}