What Does Home Owners Insurance Typically Cover? 
Great Question . Homeowners insurance is separated into Property & Liability coverage . Section I of the policy covers property . It includes Dwelling , Other Structures , Personal Property & Loss of Use -LRB- a place to stay while home is repaired/rebuilt -RRB- . As for what perils are covered it depends on the type of form that your policy is written on . Most homeowners policies are written on an ISO HO-3 form which is considered an All Risk policy . This will cover just about everything that is n't excluded for the dwelling . Exclusions include-flood , mechanical breakdown , wear & tear , intentional acts , nuclear and a few others . Your liability -LRB- Section II -RRB- of the policy includes Personal Liability & Medical Payments . Coverage 's E & F respectively . Most people understand Personal Liability . . most do not understand Medical Payments . Generally speaking , medical payments cover an event at your house that injures someone but the homeowner was not negligent . . For example - if you are over my house on Thanksgiving cutting my Turkey with my knife and you cut yourself this could be covered under the medical payments . Hope this helps 