Householder insurance, also known as home insurance, is a type of insurance policy that provides financial protection to homeowners against damages or losses to their property and personal belongings. A tenant or a renter can equally buy this policy to protect their own contents and other personal belongings . A typical householder insurance policy may cover losses or damages caused by a variety of perils, including fire, theft, water damage, and weather-related events. It may also provide liability coverage in case someone is injured on your property or if you accidentally cause damage to someone else’s property.