Question

Homeowner's insurance provides insurance in the event of property damage or personal liability relating to home ownership, but not theft. t/f

Answer 1

Homeowner's insurance typically provides coverage for property damage, personal liability, and theft.

Step-by-step explanation:

False. Homeowner's insurance typically provides coverage for property damage, personal liability, and theft. It is designed to protect homeowners in case their property is damaged or destroyed, or if someone is injured on their property.

While the specifics of coverage can vary depending on the policy and insurance provider, theft is generally included as one of the covered perils. If a homeowner's possessions are stolen, the insurance policy may provide compensation up to the policy limits.

It's important for homeowners to carefully review their insurance policy and understand what is covered and what is not, as certain items or types of theft may have limitations or exclusions.