Home insurance, also known as homeowner’s insurance, is a type of financial protection that covers your home and belongings against a wide range of risks such as fire, theft, natural disasters, vandalism, and accidental damage. It also includes liability coverage, which protects you in case someone is injured on your property or if you accidentally cause damage to someone else’s property. Whether you own a house, condominium, or apartment, home insurance ensures that you’re financially safeguarded from unexpected events that could otherwise result in significant out-of-pocket expenses. Without adequate coverage, rebuilding a damaged home or replacing valuable belongings could cost thousands of dollars. Home insurance provides peace of mind, ensuring that you can recover and rebuild without facing major financial setbacks. It is often required by mortgage lenders and is considered a smart and essential investment for every homeowner.