Definition: The word "homeowners insurance near me" refers to the process or service by which homeowners obtain coverage for their home's contents during natural disasters such as fire, floods, hurricanes, earthquakes, etc. The homeowner pays a monthly premium on the policy, typically ranging from $10 per month to $30 per month, and obtains policies tailored to their specific needs, such as limits on property damage, personal injury liability, or loss of income. This service is often provided by insurance companies who specialize in home insurance coverage, with a team of licensed agents located near the homeowner's location to provide guidance and assistance during the policy application process.