Home insurance is one of the significant policies among all insurance plans! Homeowners make sure the safety of their home as well as the belongings inside the home. Similarly, property insurance is another aspect of insurance where the owners and the renters get reimbursement in case of damage. Basically, these policy-related terms are broad and hard to understand. That is why a property insurance broker comes in to clear things out! Due to lack of knowledge and time, we often go with some random policy. As a result, we end up not getting the proper coverage we were looking for. Such inaccuracies can be eliminated if we hire an insurance broker. Types of Home Insurance Home/property insurance is basically financial security against your property that helps you recover from any damages and losses. This insurance policy is constructed on the plot of three basic types of insurances: Structure Insurance This insurance covers the structural damage during artificial or natural calamities.