Whether your home insurance covers the building and contents depends on the type of home insurance. There are many different types of home insurance and you need to understand them before choosing the one that is suitable for you and your family. It is also very important to know what's covered and what's not covered before you make your choice. What is home insurance? Home insurance is an insurance cover that helps protect your home, possessions and their contents against damage, fire, flood or theft. It's designed to help provide peace of mind if disaster strikes. Like all forms of insurance, home insurance provides peace of mind for the insured by protecting against unforeseen losses. It doesn't matter if you were renting or living in your own place; it does not cover the things that are temporarily attached (like decorations), but it does cover everything else like pipes breaking, fire etc. The average cost for this type of protection is typically less than $550 per

A policy is a promise. An insurance policy is a promise that an insurer will pay for some risks and losses of its insured. Insurance policies typically cover both the property and liability risks faced by the insured; however, recall that not all "risks" or "perils" (or "hazards") covered by insurance policies are dangerous or damaging per se - they include such things as accidents, sicknesses, and mechanical breakdowns among others.  Different types of insurances include life insurance to secure debts on the death of individual, health/accident insurance to get medical care in case something like an accident occurs like a car accident or slip at home, homeowners insurance to protect one's house. Insurance policies are contracts made between insurance providers and those who apply for benefits. A well-known example is auto insurance, where providers offer different amounts of coverage and premiums to the driver in exchange for the duty to accept certai