What does a homeowner's insurance policy typically cover?

A homeowner's insurance policy typically provides a broad range of coverage designed to protect not only the physical structure of the home but also the homeowner's personal property and liability. This comprehensive insurance generally covers various natural disasters such as windstorms, hail, and often, depending on the policy, flooding and earthquakes, although the latter two may require additional coverage. It also offers protection against personal liability claims, meaning that if someone is injured on the homeowner's property or if the homeowner is found responsible for causing damage to someone else’s property, the insurance can help cover those costs.

This coverage ensures that homeowners can mitigate their financial risk in the event of unforeseen incidents, making option B the most accurate depiction of what a homeowner's insurance policy typically encompasses.