For the majority of people, one of their biggest lifetime investments is a home and its protection. Among all the surprising events capable of causing massive destruction or losses, the protection of the homeowners insurance is what any homeowner would turn to. Despite the enormous level of protection provided by homeowner's insurance, however, it does not cover everything. Knowing what is covered and isn't covered will enable you to help ensure that your home, the contents of it, and your wallet are all protected in the best way possible.