Back to Glossary
Homeowners Insurance
January 19, 2023
Homeowners insurance, often known as house insurance, is a type of property insurance that covers a private residence. A homeowners insurance will typically cover losses and damages to your dwelling, as well as furniture and certain other valuables contained within your home. Home insurance may also include liability coverage for certain types of incidents in or around your home or on your land. Mortgage lenders usually require home insurance coverage.
Related Topics
Payment and Debt Ratios
Home Value: Appraised, Estimated, Actual
How Much of a Mortgage Payment Goes to Principal
What Do Underwriters Do?
What Does Loan Underwriting Mean
Loan To Value and Down Payments
What is Underwriting in Real Estate?
Homeowner's Guide: DIY Home Improvement