Homeowners insurance is an essential element of home ownership. A homeowner insurance policy ensures peace of mind for the home owner. Adequate coverage will preserve your asset by maintaining and sometimes increasing the resale value of your home. Homeowners insurance can protect your home and/or possessions from natural disasters/weather events, fire and many other causes such as theft, vandalism, etc.
There are some lesser known/talked about policy provisions in the homeowner insurance policy.Let's go through some here: