This kind of insurance covers the risk of getting claimed for damage or loss to the property or bodily injury caused due to the negligence of the insured. (policyx.com)
A homeowner's policy covers the building, and thus covers the risks associated with that property, including earthquake, fire, theft, etc.. (insureye.com)
That means that it's on the list of thing that the policy covers the risk of. (effectivecoverage.com)