What Is Homeowners Insurance? | What is House Insurance?

What Is Homeowners Insurance? | What is House Insurance?: "What is Homeowner's Insurance?

In the 18th century , most who suffered fire damage to their homes suffered an enormous and unrecoverable loss. In 1752, Benjamin Franklin and other citizens established the first American fire insurance company.

Until the 1950s, a homeowner would have to purchase separate policies covering fire losses, theft, personal property, liability, etc. But at that time comprehensive policies covering all those events started to be sold.

The following is from Wikipedia:"