Which insurance policy typically covers personal property within a home?

Homeowners insurance is specifically designed to cover personal property within a home. This policy typically includes coverage for personal belongings, such as furniture, electronics, clothing, and other items. Additionally, it protects against certain risks such as theft, fire, and certain types of damage, providing a comprehensive layer of security for homeowners and their possessions.

In contrast, automobile insurance primarily covers vehicles and related liabilities, not personal property within a home. Life insurance is intended to provide financial protection for beneficiaries in the event of the policyholder's death, and therefore does not apply to personal property. Umbrella insurance serves as an additional layer of liability coverage over and above other insurance policies, helping to protect against large claims, but it does not cover personal property specifically.

Hence, homeowners insurance is the only option among the given choices that directly addresses coverage for personal property located inside a home.