There are several types of home insurance policies available for homeowners, renters and condominium unit owners. The most popular form is called a Broad Form. It insures the dwelling and personal property against 16 different disasters or perils. Those who do not qualify for the most comprehensive policy can still purchase an policy or, for those who own condominiums, coverage under their association’s master policy. For those who own valuable possessions that are not covered by the aforementioned policies, you can add an endorsement or floater to your policy to insure them at higher limits.