Home insurance provides financial protection against disasters!

Find out how an online home owners insurance quote today can help you tomorrow!


A home owners insurance policy has a dual purpose. The home insurance policy covers both damage to your property as well as liability for any injuries and property damage on your property. This includes harm caused by household pets.

Damage caused by most disasters are covered under a home insurance policy. However, there are some exceptions to most home insurance policies. For instance, damage caused by floods, earthquakes and poor maintenance are not included in your home owners insurance policy. Both flood and earthquake coverage are sold separately. Normal wear-and-tear or maintenance are not covered by your home owners insurance policy. For most appliances, such as your AC unit, refrigerator, etc. you can purchase a maintenance package, however, other types of companies sell these home insurance policies separately.

Home owners Insurance Protection Plans
Home owners insurance policies vary in amounts of coverage. Below are the three most common types of home insurance coverage you can obtain and exactly what the policy types cover.

• Actual Cash Value
  Home insurance coverage for the depreciated amount of the actual value at the time of loss for your home or property.
  
  
• Extended Replacement Cost
  Home insurance coverage up to a specified amount or cap (max. amount specified). Consider that your home is worth $75,000 and there is a cap of $120,000. If there were a covered disaster and your home needed to be completely rebuilt, then your Extended Replacement Policy may pay up to the $120,000 amount.
  
  
• Guaranteed Replacement
  This type of home insurance coverage usually costs more, but it provides the most protection! There is no cap or maximum coverage amount. If you purchased your home for $75,000 and over the years make $100,000 worth of changes to your home then your home insurance coverage with the Guaranteed Replacement Policy would be for the full amount of $175,000.

Online Home Owners Insurance Quotes for Free! Click on the "FREE Quote" below!

Home   Free Insurance Quote   FAQS   Rates   Resources   Glossary   More Info   About Us   Links   Sitemap

Copyright 2010. Home Owners Insurance Quotes. All Rights Reserved.