Yes, perhaps in this case the term “homeowners” is misleading because this is a package of insurance coverage that extends to all your possessions no matter where they are. If you take a round-the-world vacation and lose a valuable item, as long as the loss is by a covered event or peril, the location does not matter.
The liability component also extends well beyond the boundaries of your home. Should you be found legally at fault for injury or loss to another individual, whether you unfortunately caused a tumble down a San Francisco hill or a fall in an Indiana barn, that is personal liability which again is addressed in your homeowner’s policy.
As in the property section of your homeowner’s policy, there are limits and exclusions to personal liability. Your business activities, for example, are not covered under a homeowner’s policy. You are also not covered for injuries or damage you purposely cause. So, if a fight with a neighbor turns physical and you end up bopping him on the nose, your homeowner’s insurance will not cover the injury or any resulting suit. Your policy lists specific exclusions and limits.