CODE OF VIRGINIA HOMEOWNERS INSURANCE (§ 38.2-130) “Homeowners insurance” is a combination multi-peril policy written under the provisions of § 38.2-1921 containing fire, miscellaneous property, and liability coverages, insuring primarily (i) owner-occupied residential real property pursuant to § 38.2-2108, (ii) personal property located in residential units, or (iii) any combination thereof. HISTORY: 1986, c. 562.