What is a common designation for property insurance that covers personal belongings?

Homeowner's insurance is a common designation for property insurance that specifically covers personal belongings within a residential property. This type of insurance not only protects the structure of the home but also offers coverage for personal possessions such as furniture, clothing, and electronics against risks like theft, fire, and certain natural disasters.

The significance of homeowner's insurance lies in its dual coverage; it secures both the dwelling itself and personal items of the policyholder, making it a comprehensive solution for individuals or families occupying their own homes.

While renter's insurance also covers personal belongings, it is specifically designed for individuals renting property, rather than for those who own it. Property coverage plans and personal articles floaters serve more specialized purposes, focusing on either broader property coverage or protecting specific high-value items, respectively. Thus, in the context of a designation most commonly associated with protecting personal belongings within a home, homeowner's insurance stands out as the correct choice.