Escrow typically includes the costs for property taxes and homeowner's insurance. When a homebuyer makes mortgage payments, a portion of the payment goes into an escrow account to cover these expenses. Home insurance is often included in escrow to ensure that the insurance premiums are paid on time and that the property remains adequately insured. This arrangement provides financial protection for both the homeowner and the lender. However, it's important to note that the specific details of what is included in escrow can vary based on the terms of the mortgage and the requirements of the lender. It's advisable to consult with a real estate agent or a mortgage lender to get a clear understanding of how escrow works in relation to home insurance in your specific situation.