Which insurance type covers damages to an insured person's home and belongings?

Homeowners insurance is specifically designed to provide financial protection against damages to an individual’s home and personal belongings. This type of insurance typically covers losses that may arise from various perils such as fire, theft, vandalism, and certain natural disasters. Additionally, it may include liability coverage, which protects the homeowner from legal claims resulting from injuries or accidents that occur on their property.

While health insurance focuses on medical expenses, auto insurance covers damages related to vehicles, and renter's insurance is tailored for those who rent their living space, protecting personal belongings within a rented property, it does not extend to the structure itself. Therefore, homeowners insurance is the most suitable choice for comprehensive coverage of both a person's home and its contents.