For instance, customer or employee gets hurt due to the negligence in working hour or a consumer is injured. If the person chooses to sue you in lawsuit then, property insurance coverage to this area will compensate for the lawsuit charges and fees. Also, the property insurance will pay for the fees of lawyer. The answer of this question is yes. This could be possible if you do not possess Home Title Property Insurance. If you do not have Home Title Property Insurance during the title examination of your property, then there are chances of legal entanglements when the rights of earlier owner are disregarded. Overview about the Florida insurance Some of tips are here for buying Florida property insurance. The first step to Florida insurance for property is to have a guarantee with respect to replacement cost. Make the cost of having any damage or loss rise from $500 to $1,000. Have comparisons in Florida property insurance so that you can select the best. Citizen Property Insurance For The Greater Benefits Citizen property insurances are entitled for all people who are considered as a citizen of particular state or country. It is a type of insurance coverage, which can only be purchased if the person has the citizenship. Citizen property insurance provides the protection to citizens from certain loss of their property. For example, if you want to protect your home from fire you can get a single policy that will protect your property against damage caused by fire. But, if you want to protect your home from fire, flood, theft or and other damages, you need to get multiple policies. Insuring your home gives you peace of mind because you know that you are protected in case of unforeseen events. Definition: An insurance policy that protects a mortgage lender or title holder in the event that the person who borrows defaults on the payments, dies, or is otherwise unable to meet the contractual obligations of the mortgage. Mortgage insurance can refer to private mortgage insurance (PMI), mortgage life insurance, or mortgage title insurance.