Homeowners Insurance Comparisons – Where to Get the Best Rate

Homeowners Insurance Comparisons – Where to Get the Best Rate

Looking for homeowners insurance comparisons? Want to know where to compare quotes and get a cheap rate quickly and easily? Read on …

What is homeowners insurance?

Homeowners insurance covers more than just your home. It also covers your personal possessions and protects you from personal liability lawsuits. Here’s what it covers:

* Your home – Homeowners coverage pays to repair or rebuild your home after it’s been damaged or destroyed by storms, fire, plumbing leaks, and vandalism. Damage from flooding or earthquakes is not covered under standard policies, so if you live in an area where you need these coverages you must purchase them separately.

* Your personal property – Homeowners insurance will replace your personal property, such as clothes, furniture, appliances, and electronics, when they’re stolen or when they’re damaged by fire, vandalism, storms, and plumbing leaks. Expensive items like jewelry or computers may not be covered under standard policies, but you can increase your coverage on these items if you need to.

* Your assets – If someone hurts himself on your property and sues you, your homeowners policy will pay damages awarded to him by the court, plus your legal fees and court costs.

* Your additional living expenses – If your home is damaged or destroyed and needs to be repaired or rebuilt, you’ll be compensated for your additional