What type of coverage do all homeowners have under their policy?

Homeowners insurance policies universally include liability coverage, which is designed to protect the policyholder against claims for bodily injury or property damage to others. This type of coverage is essential because it can cover legal costs and compensation payments if someone is injured on your property or if you accidentally cause damage to someone else's property.

The other options reflect types of coverage that may be included in specific policies or contexts, but they do not apply to all homeowners. For example, theft coverage may be included in many homeowners insurance policies but is not guaranteed; some policies might exclude certain valuable items unless additional coverage is purchased. Comprehensive and collision coverages are terms typically associated with auto insurance, not homeowners insurance, and do not apply to homeowners insurance policies directly. Thus, liability coverage is the standard protection offered across all homeowners insurance policies.