When you buy homeowner's insurance, as with any other insurance, you get a document that tells what

the insurance premium is and what the insurance covers in detail so that all coverage questions can be

understood by the insurer and the insured.

What is the name for this document?

Insurance Policy Document or Product Disclosure Statements

Step-by-step explanation:

-This is a legal document that forms part of the insurance contract.

-It's written in plain english and gives a full description of the features, benefits, costs and risks associated with the policy.