/ˈhoʊmˌoʊnərz ɪnˈʃʊrəns/ – Phrase
Definition: Bảo hiểm nhà chủ.
A more thorough explanation: an agreement to pay a company money in return for the company paying your costs in case of damage, loss, etc. to someone’s private residence
Example: Most homeowners insurance policies include hail, tornado and wind damage.