What Is The Meaning Of Home Insurance? 
Great question ! In simple terms , the purpose of any kind of insurance is to protect you or others , from financial hardship as a result of a loss . In life insurance , that loss is obviously a death ; in health insurance , your health . Homeowners insurance is designed to protect you , your mortgage company , and your family from expenses that arise from the loss or damage to your home . Like the insurances mentioned above , it is essential to have to protect your financial stability . If you would like more help , please feel free to contact me . Thanks for asking ! 