Homeowners insurance is a type of property insurance that protects against losses and damages to your home, belongings, and property. It can also cover liability for accidents that happen on or in your home.
Homeowners insurance can include the following types of coverage:
• Dwelling coverage
Pays for the repair or rebuilding of your home’s structure, including installed fixtures and permanently attached appliances.
• Personal property coverage
Pays for the repair or replacement of your personal items, such as clothing, electronics, furniture, and kitchenware, if they are damaged, stolen, or destroyed by a covered loss.
• Other structures coverage
Pays for the repair of structures on your property that aren’t attached to your house.
• Liability coverage
Pays for legal costs if you are sued for injuries sustained on your property. This includes claims of bodily injury or property damage sustained by others for which you or covered residents are legally responsible.
Other things that homeowners insurance can cover include:
• Losses and damage to your home caused by unexpected events, like fires or burglary
• Financial protection against damage to your home and belongings caused by covered events like theft, storms, and fires
Lenders generally require proof that you have homeowner’s insurance, especially if you have a mortgage.

Vehicle insurance, also called automotive insurance or motor vehicle insurance, is a contract between an insurance company and the owner of a vehicle. In exchange for paying a premium, the insurance company agrees to pay for certain costs in the event of an accident or other damage to the vehicle.
Vehicle insurance can cover:
Damage to your vehicle
Liabilities for injuries or damages you cause to others
Medical bills for you or your passengers if you’re injured in an accident
Legal liability to third parties
Fire and theft
Some types of vehicle insurance coverage include:
Auto liability coverage
Collision coverage
Comprehensive coverage
Basic, legally mandated auto insurance covers the cost of damages to other vehicles you cause while driving. However, it does not cover damage to your own car.

Fire, theft, and burglary insurance provides financial protection for property owners. It covers losses resulting from fire damage, theft, or burglary.
Here’s some more information about these types of insurance:

Fire Insurance
Provides reimbursement for loss or damage to the insured property while on premises, due to fire.
• Theft insurance
Provides reimbursement for loss or damage to the insured property while on premises, either due to burglary, theft, or robbery.

• Burglary insurance
Covers damage or misfortunes caused to your property and its contents. This includes stolen property, damage to the premises caused by the theft, and theft-related expenses. It can cover your home, office, factory, and godown against burglary and housebreaking.

Travel insurance is a plan that protects against financial losses and risks that can occur while traveling. It can cover a range of losses, from minor to serious:
• Minor losses: Delayed luggage, missed airline connections
• Serious losses: Last-minute trip cancellation, medical emergency overseas, injuries, major illness
The main types of travel insurance include:
• Trip cancellation or interruption coverage: Covers prepaid, nonrefundable reservations, such as flights, hotels, and other bookings. The covered amount is usually 100% of the total trip cost.
• Baggage and personal effects coverage: Covers lost luggage
• Medical expense coverage: Covers emergency medical or healthcare expenses incurred while you are vacationing abroad
• Accidental death or flight accident coverage: Covers accidental death or flight accidents
• Baggage delay coverage: Covers a set amount of money per person per day when your bags are delayed over 12 to 24 hours
Travel insurance is usually taken from the day of travel till the time the traveler reaches back to India.

Accident insurance is a type of insurance policy that pays out cash benefits if the policy holder is injured or dies due to an accident. It’s designed to supplement major medical health insurance and help cover unexpected medical expenses and other costs.
Accident insurance policies pay cash benefits, up to a predetermined limit, if the policy holder experiences an accidental injury that’s covered by the plan. If you get injured and it’s caused by a specific accident covered by your accident insurance policy, you or your family can file a claim. The insurance company will pay you cash as long as you’ve been paying your premiums.