What is typically covered in a comprehensive household insurance policy?

A comprehensive household insurance policy is designed to provide extensive coverage for both the physical structure of a home (the buildings) and its contents, which include personal property within the dwelling. This type of policy typically protects against a wide range of perils, including fire, theft, vandalism, natural disasters (like storms or earthquakes), and other specified risks.

By covering both buildings and contents, this policy offers substantial financial protection to homeowners against various potential losses, making it a preferable choice for many. The inclusion of a broad array of perils differentiates comprehensive household insurance from more limited policies that focus solely on specific risks, such as theft or legal liabilities.

In contrast, policies that cover only theft, vandalism, or legal liabilities would leave significant gaps in coverage, exposing homeowners to considerable financial risk in the event of a disaster. Additionally, property taxes and fees are not covered by household insurance policies, as these are obligations that homeowners must manage separately from their insurance coverage. Thus, option B reflects the type of comprehensive protection that household insurance aims to provide.