Homeowners insurance is a type of property insurance that provides financial protection to homeowners against damage to their property and personal belongings. It typically covers risks such as fire, theft, and certain natural disasters. Additionally, it may offer liability coverage in case someone is injured on the property. Most policies include coverage for the structure of the home, personal items, and additional living expenses if the home becomes uninhabitable. Homeowners insurance is often required by mortgage lenders to protect their investment, ensuring that homeowners can recover from unexpected events.