Home Insurance Basics: The Different Types You’ll Need to Choose From to Protect Your Property

Given the variety of home insurance coverages, it is understandable why many homeowners, especially new ones, find the process of choosing an insurance overwhelming and confusing. Insurance should rate high on your priority list when house hunting. In fact, it’s going to be a requirement by most mortgage lenders.

At its most basic definition, home insurance provides coverage for personal liabilities arising from negligence, which most commonly involves damages inflicted on another person or property. Depending on your policy, you can even be covered for legal defense needs.

The Most Basic Policy

Among the basic types of homeowners insurance coverage that you can expect to be offered as options when you consult with a professional include is the HO-1 policy covering for natural disasters such as lightning, windstorm or hail, or volcanic eruption. Read more on this article: http://bit.ly/2njmjUj

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