Chelsey Tucker graduated with a Bachelor of History degree from Metropolitan State University in 2019. She now writes about insurance with her specialty being life insurance and has been quoted on Help Smart Phone and MEL Magazine.

Full Bio →

Written by

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years. He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like

Full Bio →

Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: Mar 19, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

The most important thing to remember when shopping for home insurance is to insure for replacement costs, rather than the market value or actual cash value, and do not include your land’s value in the total amount.

After you have decided on the appropriate amount of coverage, it’s equally important to consider optional add-on coverage for valuables and other expensive items, such as technological equipment, family heirlooms, etc. Additional insurance for floods and other acts of God are also worth considering.

Find free online insurance quotes by typing in your zip code now!

Generally, banks and other lending institutions call for their mortgage customers to buy home insurance when purchasing a house. You shouldn’t count on the levels of coverage as directed per your bank or mortgage company. Such amounts are deigned to protect only the house structure, rather than your possessions inside. For this reason, it’s important to check with your own insurance agent to determine whether or not you have sufficient coverage to protect yourself and your belongings.

Basic Policies for Online Home Insurance

The stipulations of prevailing home insurance policies are put forth by the Insurance Services Office (ISO). Therefore, regular coverage is usually not going to differ from one company to another, though prices will, which is why it’s imperative to do your research.

Incidents that are covered by homeowner’s policies’ may include:

  • Lightning or fire
  • Riots/Civil Unrest
  • Hail/Windstorms
  • Damage by Aircraft
  • Damage by Ground Vehicle
  • Vandalism
  • Theft
  • Smoke Damage
  • Items Falling
  • Volcano Damage
  • Snow, Sleet, or Ice Weight
  • Sprinkler Damage (Sprinkler accidentally turns on due to malfunction of device)
  • Damage to or from Plumbing, Heating, or Air Conditioning Damage
  • Household Appliance Malfunction
  • Damage to or from Electrical or Theft Protection System

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

Compare Insurance Providers Rates to Save Up to 75%

 Secured with SHA-256 Encryption

Online Home Insurance Policy Types

Every home insurance policy supplies a mix of both liability and property coverage and protects against eventual loss of usage from damage. Many fundamental categories of home insurance policies exist:

Homeowners Insurance Policy Type 1

  • These have been discontinued in several individual states
  • The most general home insurance policy
  • Covers both the house itself, as well as possessions inside against 10 various incidents mentioned above

Homeowners Insurance Policy Type 2

  • A broader home insurance policy
  • Covers both the house itself, as well as possessions inside against 16 various incidents mentioned above

Homeowners Insurance Policy Type 3

  • A specialized home insurance policy
  • Covers all of the incidents mentioned above, with the exception of those that are specifically excluded by the actual policy

Homeowners Insurance Policy Type 5

  • Renters’ insurance policy
  • Covers 16 incidents mentioned above, and also includes liability coverage
  • Coverage does not insure the actual house structure

Homeowners Insurance Policy Type 6

  • Written for those who own condominiums or co-ops
  • Coverage includes personal property, liability, as well as the specific coverage of improvements to the policy holder’s own living space
  • Coverage generally covers the actual structure

Homeowners Insurance Policy Type-8

  • Special coverage for older structures for which the market value is significantly less than the cost to rebuild them
  • Coverage is the same as for Policy Type 2, but pays only for repairs, not the cost of replacements

Online Home Insurance Discounts

Ask your agent about discounts for the following:

  • Smoke detectors
  • Automatic sprinkler systems
  • Fire extinguishers
  • Intruder and fire alarms linked to an outside service
  • Senior citizens
  • Veteran policyholders
  • Plumbing, heating and electrical upgrades
  • Deadbolt locks
  • Window grating that is fire-proof or fire-safe
  • Wind-proofing
  • Retrofitting for earthquakes
  • Multi-policies (more than one type of policy from the same insurance agent or company)

You will need to divulge a lot of data when applying for homeowners insurance, including marital status, your employment history, current occupation, current and past home addresses, birth date, and Social Security number. The insurance provider will also conduct a background check, credit check, and past insurance history check; all to determine whether or not you are considered a “good” or “bad” risk.

Analyzing Your Home for an Online Home Insurance Policy

There are many various issues that help to determine the premium for a home insurance policy. These include the age of the house structure, which building materials were used to erect it, its location, its size, and even how far away it is from a fire hydrant can play a big role in the cost of the policy.

In event of a total loss of the structure, your insurance agent can provide you with a dollar amount-estimate to rebuild.

Perhaps the most effective ways to save significantly homeowners insurance are to 1) do your research and shop around, and 2) be certain to get all the discounts for which you are entitled.

Enter your zip code now to compare online home insurance quotes now!