Home and Property insurance guards a policyholder’s physical residence and its contents against loss or damage from perils such as fire, flood, theft, vandalism, hurricane, hail and lightning. It also covers an individual’s legal responsibility (liability) for any injuries people might suffer while on the covered property. The main types of Home and Property Insurance are: Homeowners Insurance, Mortgage Indemnity Guaranty, Mortgage Insurance, Title Insurance, Excess Liability Insurance and Excess Flood Insurance.