Homeowners insurance generally includes three types of coverage that help protect your home, other structures on your property and your belongings. Here's an overview of how a typical homeowners insurance policy may help protect you from perils such as the ones listed above.

Dwelling coverage.

The physical structure of a home is protected by dwelling coverage. For instance, if fire damages your walls or hail dents your siding, this coverage may help pay for repairs.

Other structures coverage.

Homeowners insurance typically extends to structures other than an actual home. If you have a fence, shed or detached garage on your property, you may find insurance will help pay to repair or replace them after a covered loss.

Personal property coverage.

Personal property is a term used to describe your belongings. Think about all the items you own: your clothes, electronics and household items, for example. All those items are considered personal property. Suppose your television is stolen or your furniture is damaged by a fire in your home. This coverage may help pay to replace items damaged or destroyed by a fire and certain other perils.