In: Operations Management
Read a current article about personal auto, homeowner or liability insurance and write a brief summary or commentary.
Homeowner insurance policy provides protection against some liability to your home and belongings within. Thereby is helps protect you from any damages or losses by theft or fire. It may also cover the costs incurred in case of any accidental damage by other individuals. Few natural disasters such as thunderstorms, hail may be covered by the policy. But not all natural disasters are covered under the insurance policy. Hence it is very important to carefully read and understand the policy prior to signing the same. The policies are specifically designed to cater to the needs of the individual homeowners. Also, the most suited policy and the insurance company is selected by the homeowner.