A homeowners policy has the same coverages as a fire insurance policy except that it is written for a homeowner rather than a business.

Question

Quizplus · Accepted Answer

A homeowners policy typically includes broader coverage than a fire insurance policy, covering not only fire but also other perils like theft, liability, and personal property, whereas fire insurance is more limited to fire-related damages.

A Homeowners Policy Has the Same Coverages as a Fire