Which type of insurance policy covers both personal liability and hazard insurance for homeowners?

Homeowners insurance is designed specifically to protect homeowners from a variety of risks associated with owning property. This type of policy generally includes personal liability coverage, which helps protect the insured from financial loss in the event that someone is injured on their property or if they cause damage to someone else's property. Additionally, it provides hazard insurance, which covers damages to the home itself caused by events such as fire, theft, or certain natural disasters.

This dual coverage makes homeowners insurance an essential part of property ownership, allowing homeowners to safeguard both their physical property and their financial responsibility towards others. In contrast, the other options do not combine these two critical types of protection. A homeowners warranty provides coverage for home systems and appliances but does not address liability. Flood insurance is specific to flood-related damages and does not cover personal liability or general hazards. Title insurance protects against defects in the title to the property rather than providing hazard or liability coverage.