En español | What's actually covered by homeowner's insurance? The answer is critical once disaster strikes. That's when you will need to know when your insurance company will come to your aid and when the repairs will have to come out of your own pocket. Policies vary somewhat, so start by reviewing the declarations page of your homeowner's policy, which provides a summary of your coverage, deductibles and how claims are paid. Still not sure what's covered and what isn't? Call your agent. Add to your knowledge now by taking this quiz to see how well you really understand what's covered by typical homeowner's insurance policies.