Which of the following is a key feature of homeowner’s insurance?

Homeowner’s insurance primarily serves to protect the financial investment in your home along with the belongings inside it. Coverage for personal property is a fundamental aspect of this insurance, as it ensures that valuable items such as furniture, electronics, and clothing are safeguarded against risks such as theft, fire, or natural disasters. This protection extends beyond the structure of the home to include the items within it, which is critical for homeowners who want to secure their assets.

In contrast, other options do not align with the main purposes of homeowner's insurance. For instance, annual property taxes are not covered under standard homeowner's policies, as they are a separate financial obligation imposed by local government and not a risk to property itself. Coverage for all personal loans is also outside the scope, as homeowner's insurance does not factor in personal debt or loans but focuses on the insurable property instead. Lastly, while some homeowners may have coverage for their investment properties, standard homeowner’s insurance policies typically do not cover properties that are not owner-occupied, as they are structured for primary residences. Thus, the protection of personal property is a direct and essential benefit of homeowner's insurance.