Homeowners insurance generally covers personal property, liability, and structural damage as part of its standard policy components. Personal property coverage protects against loss or damage to the contents of the home, liability coverage protects the homeowner from legal claims due to injuries or damages caused to others, and structural damage coverage protects the physical structure itself from various risks like fire, theft, or vandalism.
However, flood insurance is typically not included in standard homeowners insurance policies. Homeowners would need to purchase a separate flood insurance policy, often through the National Flood Insurance Program (NFIP), to cover flood-related damages. This distinction is crucial, as many homeowners mistakenly believe that their homeowners insurance will cover flood damages, which can lead to significant financial losses in the event of a flood. Therefore, flood insurance stands out as the coverage that is not generally included in homeowners insurance.