How Does Homeowners Insurance Work

Homeowners insurance protects your belongings against many different perils, and it gives you liability protection in case someone is injured on your property. Understanding how homeowners insurance works is the best way to make the most of your coverage. It's also the best way to make sure your policy meets your needs.

If you home is damaged by a covered peril, your insurance provider can help pay for the cost of repairs. Your policy also can help if someone is injured on your property or blames you for his or her property damage and files a lawsuit against you. To learn more about insurance coverage, check out our Homeowners Insurance 101 page.

In the event of a covered claim, you are responsible for paying any amount of money that is less than your deductible. Your insurance carrier will pay everything more than that amount.

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About this content: The content included on this webpage in no way guarantees coverage for any type of insurance policy or policyholder. This is to be used as a general guide for insurance information and any specific coverage questions should be presented to your insurance agent.