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Benefits of Homeowner's Insurance

To protect the investment you have made in your home, you need to find a competitively priced insurance policy that provides replacement cost coverage for your house and personal property.

provided by:

The proper home insurance coverage involves:

Buying the right type of policy.
Having the proper levels of protection within that policy including special provisions for jewelry, your computer equipment, and other particularly valuable possessions.
Supplementing this coverage with special protection against natural disasters that are not covered in your basic policy.

TIP: Many homeowners think that the policy terms required by their lenders represent adequate levels of insurance, but this may not be true. It is important that you determine your needs and make sure they are reflected in your coverage.

What’s Protected?

Homeowners with mortgages are required by their lenders to have home insurance. Homeowner’s insurance can also protect your home from:

Fire or lightning.
Windstorms, hail or explosions.
Riot or civil commotion.
Damage from vehicles.
Sudden and accidental damage from smoke.
Vandalism or malicious mischief.
Theft and accidental breakage of windows.

Published on January 25, 2007

Read full article at realestate.com

- Private Mortgage Insurance

Q: I've saved $20,000 to put toward the purchase of a home. The home I'm interested in buying, however, costs $200,000 and I've been told that unless I can come up with a larger down payment, I'll need to take out private mortgage insurance. What is this and how does it work?

- Do I have to have private mortgage insurance
- Homeowner's insurance: Protect your home and its contents
- Home insurance savings
- Mortgage Life Insurance
- Why do I need homeowner's insurance?
- How to save money on homeowner's insurance
- Checklist: Insuring your Valuables
- How can I cancel private mortgage insurance?
- Should you increase your insurance deductible?

Regional Articles

- Checklist: Insuring your Valuables

Homeowner's insurance typically covers the market value or the replacement value of your house and its contents.

- Homeowner's insurance: Protect your home and its contents
- Why do I need homeowner's insurance?
- Should you increase your insurance deductible?
- Private Mortgage Insurance
- How to save money on homeowner's insurance
- How can I cancel private mortgage insurance?
- Mortgage Life Insurance
- Do I have to have private mortgage insurance
- Home insurance savings

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Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History