Evidently we all at some point have heard or known about insurance which is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured. Typically alot of stuffs get to be insured like our businesses, cars, etc but do we know it is possible to insure our home. Home insurance Is type of property insurance that covers a private residence . It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents , loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. So have any of us insured our home before?