Home Insurance Education

Seven Basic Home Insurance Policies: Basic homeowners. Covers your dwelling and personal property against losses from 11 types of perils...; Basic homeowners plus; Extended or special homeowners; renter's coverage; condiminium coverage; and basic older home. We expound on each of these policies to aid you in making a smart insurance decision.

Common Home Insurance Questions: In the event of a serious loss - let's say a fire destroys the house - how would I fare? In most cases, you want to insure your dwelling and its contents for their replacement values, which will likely differ from the dwelling's market value and your personal property's depreciated cash value.... Plus, 4 more important insurance questions you need answered.

Key Home Insurance Questions: For Your Home: What kind of home insurance policy do I need to protect my home? That depends, are you buying a house, condo or townhouse? Or do you rent? How can I make my home safer and possibly save money? Do I need mortgage protection insurance? How much would it cost to rebuild my home at today's prices? We cover eleven more questions you should ask.

Home insurance usually boils down to two crucial concerns - protection and price. The proper home insurance coverage consists of buying the right type of policy, having the proper levels of protection within that policy, and supplementing this coverage with special protection against natural disasters that are not covered in your basic policy.

Homeowners who know what kind of homeowner’s insurance coverage they need may be able to save money on their monthly premiums. Homeowners can choose between actual cash value and replacement cost. Actual cash value covers the contents of a home for the original value of any item, less a deduction for depreciation, age, or wear and tear.