A standard homeowners insurance policy includes four essential types of coverage. They include:

1. Coverage for the structure of your home.
2. Coverage for your personal belongings.
3. Liability protection.
4. Additional living expenses in the event you are temporarily unable to live in your home due to a fire or other insured disaster. 

The coverage you have depends upon the type of policy you have. The most common types of homeowner policies are:

1. HO1 Basic or Standard policy
2. HO2 Broad form
3. HO3 Special (also called Deluxe, All Risk)
4. HO4 Renters policy
5. HO5 Enhanced Special Coverage
6. HO6 Condo policy
7. HO8 Older Home Policy

There is no better way to understand your homeowner policy than to read it! We suggest you go through the pages of your policy and find the sections that correspond to the following explanations:

A typical policy consists of three things:

1. The Declarations Page – that declares who, what and how much you are insuring, along with the date your coverage starts and the premium.

2. The Policy Booklet – printed pages that contain the details of coverages and exclusions.

3. Endorsements – separate pages, usually with endorsement numbers, that change (or endorse) specific parts of the policy.