Homeowners insurance provides financial protection against disasters. A standard policy ensures the home itself and the things you keep in it, whether you own a home, condominium or even rent.

Depending on your homeowners policy, your insurance can:

• Pay for damage or destruction to your house and any unattached structures and buildings.
• Cover the contents of your house, including furniture, clothing and appliances, if they are stolen, damaged, or destroyed.
• Protect yourself against financial loss if your sued and found legally responsible for someone else's injury or property damage.
• Cover medical bills for people hurt on your property.
• Pay for additional living expenses if your home is too damaged to live in during repairs.