Which type of insurance provides payment for liability losses, damage, and loss of home structure and contents?

Homeowners insurance is specifically designed to cover a range of risks associated with owning a home, including liability losses, damage to the structure of the home, and loss of personal belongings within the residence. It protects homeowners against potential financial losses resulting from incidents such as theft, fire, and certain types of damage, while also providing liability protection in case someone is injured on the property.

In contrast, renters insurance would not cover the physical structure of a home since it is intended for individuals who are renting rather than owning property. Auto insurance focuses solely on vehicles and does not provide any coverage for real estate or personal property within a home. Liability insurance, while it offers protection against claims of negligence resulting in injury or damage, does not specifically encompass home structure or its contents. Hence, homeowners insurance is the comprehensive choice for the scenario described in the question.