Home insurance is a type of insurance that is designed to protect an individual's home against damages to the house itself, to the property, or to possessions in the home, against certain natural or man-made unforeseen disasters.

• Home is one of the most priced possession and biggest investment that most individuals incur during their lives. Hence it becomes very essential to protect it against various uncertainites.
• Home Insurance helps cover for a lot of damages caused to the structure and the content of the house due to uncertainties like theft, hailstorms, riots, etc.
• If a home is purchased on loan/ mortgage, then the lender is required to purchase a home insurance in order to protect his interests in case the borrower defaults.
• It helps by providing cover for accidents caused to a third party in the home for which the owner could be held liable.
• Finally, it gives an individual a peace of mind that the home is protected!.