It typically consists of several types of coverage:

1. Building Insurance: This covers the physical structure of your house against damages caused by events like fire, natural disasters (such as earthquakes or floods, if included), vandalism, or theft. It ensures that the cost of repairs or rebuilding is covered.
2. Contents Insurance: This covers the belongings inside your home, including furniture, appliances, clothing, electronics, and other personal items. It provides compensation in case of theft, damage, or destruction due to covered perils.
3. Liability Insurance: This coverage protects you against legal responsibilities if someone is injured on your property and you're found liable. It typically includes medical expenses and legal fees if you're sued for damages.
4. Additional Living Expenses (ALE) or Loss of Use: If your home becomes uninhabitable due to a covered event, ALE coverage assists with the additional costs of temporary housing, meals, and other related expenses.

Policy terms, coverage limits, and exclusions may vary among insurers, so it's essential to carefully review the policy documents to understand what is covered and excluded.

Factors such as the location of the property, its construction materials, the value of the belongings, and any specific risks (like proximity to flood-prone areas) can influence the cost and coverage of home insurance.