Answer:
protects homes, land, and other possessions
Step-by-step explanation:
Property insurance is one of the types of insurance coverage. In this insurance the coverage is provided to the owners or renters of the property against damages. The damages are categorized according to the policies. Major drawbacks include losses because of theft, robbery, fire and flood, and adverse weather conditions. The property insurance provide protection of the property against these damages and provide certain reimbursement for the same.