"Home Insurance" covers the owners dwelling (house/garage) and contents (Owners personal property like TV, Bed, Kitchen Unencils, Cloon the premises). Now Owner for the purpose of Insurance of the dwelling (house/garage) would be allways Owner or landloard (If the property is rented out) and in case of contents, there are two ypes of contents -
1- Owner or Landloard's Content Eg- Fixed assets like Geyser, TV, Fan and other things rented out with the house.
2- Tenants content eg tenants personal property, such as furniture, electronics, etc.

Owner or landlord (if he is the owner) takes out Home Insurance policy and is responsible for payment of the premiums. If building is leased or rented out, it does NOT cover tenants personal property, such as furniture, electronics, etc.

Tenant takes out Home Insurance policy to cover only his personal contents not the building and Fixed assets like Geyser, TV, Fan and other things rented out with the house.

Hope things are clear now!