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homeowner's policy

noun, Insurance.
a form of home insurance that provides compensation for damage, loss, or injury of property, personal belongings, or persons due to fire, theft, accidents, etc.
Also called homeowner's insurance. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for homeowner's policy
  • Coverage is provided for liability caused by above ground or underground oil tanks up to the homeowner's policy liability limits.
  • Most damage resulting from windstorm and fallen trees is covered by your homeowner's policy.
  • Your homeowner's policy does not include coverage for floods.
  • Flood damage is not covered by a homeowner's policy.
  • Your homeowner's policy may provide coverage or you may need a rider to your policy to cover your liability.
  • Know that your homeowner's policy doesn't cover you from flooding.
  • For instance, if you already have a homeowner's policy with an insurer, find out if the insurer will discount an auto policy.
  • Check with your insurance agent on flood insurance and your homeowner's policy.

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