What are the different kinds of homeowners insurance that companies offer?

Question

What are the different kinds of homeowners insurance that companies offer?

Answer 1

Well, there's no one size fits all answer.  It varies by state and by company.  Most of the time, agents are going to ask a few important questions, and steer the client towards the most appropriate policy.

Answer 2

Well, they just have different price and coverage.

You can easily check these types and its quotes in internet, for example here: http://home.my-age.net

Answer 3

There are several kinds. Be sure to cover not only the structure, but also your personal belongings inside the property. Standard homeowners insurance will not cover damage resulting from certain disasters, such as flooding or earthquakes. You can purchase—and might be required by your lender to purchase—flood insurance separately. You also can buy separate earthquake insurance. I recommend speaking with insurance broker who handles different kinds of insurance and works with several companies. To find one in your area, log on to a website like http://www.homeownerswiz.com and fill out a form requesting a quote. Good luck!

Answer 4

There are different Homeowners insurace out there.  There are 2 that I would recommend.

The HO3 or HO5

Don't purchase an HO1 from any agent and if the agent offers you less than and HO3 RUN!!!!

The HO1 & HO2 are what I call c**p policies and that's why I don't even offer it to my clients. Those policies don't have enough protection for you the property owner.

They are not looking into protecting your best interest.