Home Insurance
What is home Insurance?
Other names for it are homeowners insurance or hazard insurance, and often abbreviated as HOI. Home insurance is used to cover a large array of things such as losses to ones home or contents. Tons of things may happen at or around your home and you need to be ready when they do. For example: Someone could have any sort of accident on your property and homeowners insurance covers that. Also, there are plenty of natural disasters that may occur such as a fire or a storm that could cause some serious damage to your home.
(Source: iii.org)