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Homeowner Insurance Quote

Homeowner Insurance Policies

There are seven standard types of homeowner insurance policies followed in most states. They can be categorized as follows:

1. This is the basic homeowners insurance that covers your home and property against losses due to the 11 disasters listed above.
   


2. This plan includes #1, in addition to more specific disaster circumstances: snow, falling objects (like trees), water damage (i.e. washing machine overflows, or dishwasher breaks), and electrical damage (power surge).
   


3. This plan includes extended/specialty items, in addition to all of the above. The only disasters that this doesn't cover are flood, earthquake, war, and nuclear blasts.
   


4. Renters insurance coverage. This type of insurance will protect your personal property for the above listed items.
   


5. Complete risk coverage for the building and property.
   


6. Condominium coverage. This type of policy covers personal property from the above disasters (all 17).
   


7. This policy is designed for older homes with historic value. Coverage includes protection from the basic 11 disasters listed above. Under this plan, coverage is limited to repairs or cash values of the items involved. The rebuilding/replacement cost is not covered in this, because some aspects of the home (historic significance) can make these costs higher than current market value.

There are variations that can be had with all of the above plans. Some states, like Texas have different plans. There are also special policies that can be used to cover mobile homes. Opposite of renters insurance, which only covers the renters property, there is landlord insurance. This covers the actual dwelling, but not the property within.

On Homeowner Insurance Quote, we've got a great deal of information that will help you learn more about homeowner insurance policies. If you need to learn how to get the best deal on your homeowner insurance policy, you've come to the right place!