What Does A Typical Homeowners Insurance Policy Cover? 
A typical homeowners policy covers damages to or destruction of the residence , other structures on the property , and the personal property of the homeowner . It also includes coverage for the increased cost of living should the building become uninhabitable and miscellaneous coverages . The second major section is liability . In this section the policy covers you if you are sued for bodily injury or property damage . There is also coverage for medical payments should someone be injured on your property . 