Homeowners insurance quote

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Homeowners insurance is designed to protect you from the things that can damage your home, belongings, or hurt you financially. It covers wind/hail damage, fires, lightning, theft, and more. Plus it covers injuries that occur on your property and lawsuits against you, such as someone suing you because they were hurt at your home.

When you get your free homeowners insurance quote, many of your coverages will be automatically included. Plus, you can add even more. We have expert agents standing by to guide you through your choices.

When you should consider homeowners insurance

Homeowners insurance is for you if you own a home, vacation home, or are purchasing a home. If you own a condo, town house, or row home you need condo insurance—or renters insurance if you rent from someone else. Not sure? Get a homeowners insurance quote, and we’ll make sure you get the right policy.

If you have a mortgage, your lender will likely require you to get insurance for your home. We’ll help take care of the details with your lender. Plus, in most situations, you’ll be able to combine your insurance payments with your mortgage bill (called escrow).

Try our HomeQuote Explorer: A unique quoting experience. We’re the only home insurance company that lets you compare rates and coverages from multiple companies. You only have to enter your info once, then we’ll show a number of options. See more on HomeQuote Explorer.

Homeowners insurance coverages we offer

We offer coverages for your house, garages, sheds, other structures on your property, lawsuits against you, and more. Get a homeowners insurance quote online, and we’ll have expert agents standing by to help explain all your options. Questions already? See our homeowners insurance FAQs.

Repair/rebuild your home and other structures

Home insurance pays to repair or completely rebuild your house, materials inside like your kitchen countertops, attached, and unattached structures (garage, deck, porch, swimming pool, shed, fence, etc.). You’re covered against fire, wind, hail, tornados, falling trees/limbs, ice dams, the weight of snow, sleet, or ice on your roof, and more.

Example: It snows a ton, and your roof caves in. The snow then falls into your house damaging your walls, kitchen cabinets, countertops, and more. Homeowners covers all of these damages.

Temporary living expenses

If you can’t stay at home during repairs, your homeowners insurance covers hotel stays and even meals (above what you’d normally pay).

Example: A tree crashes through your roof, and you have to spend $2,500 to stay two weeks at a hotel. You’re covered for that bill, plus your meal expenses beyond your usual costs.

Injuries and lawsuits against you

This coverage is called personal liability and covers property damage and injury lawsuits. That means if you/your family members are responsible for someone else’s injuries or damages to their property. You can add coverages for libel, slander, or other lawsuits.

Example: A delivery person falls on your steps, breaks their arm, damages their merchandise, and then their company sues you. Your homeowners insurance will pay for their medical bills, lost wages while they’re injured, and the damaged merchandise.

Your personal possessions

Furniture, clothes, electronics, appliances, tools, power equipment, etc. are covered (even if they’re not in your house). To get extra protection, you may have to add a separate coverage for jewelry, art, or other expensive items. If so, give us a call at the end of your online homeowners insurance quote.

Example: Someone breaks into your car and steals your cellphone and thousands of dollars worth of tools/equipment. You just have to pay your deductible, and the rest is covered.

Types of homes we insure

Just get a homeowners insurance quote online, and we’ll ask you about your house and how you use it. That way, we’ll help you get the coverages you need.

  • New purchases (meaning a home you’re closing on or are interested in purchasing)
  • Seasonal/vacation homes
  • Homes as a business property
  • Foreclosures/vacant homes

Get a Homeowners Insurance Quote

The AARP® Homeowner’s Insurance Program from The Hartford can be customized to protect the investment you’ve made in your home at a price that fits your budget. Select the options and benefits that are right for you and take advantage of savings and credits from an AARP Membership to lower your homeowners insurance rates when you get a quote. Save even more on your quote through our AARP program and by bundling your homeowners and auto insurance with The Hartford.

How Homeowners Insurance Protects You

Homeowner’s insurance helps offer financial protection to your home and its contents when they are damaged. It also helps provide liability protection in the event that someone is injured on your property.
For example, homeowner’s insurance will help pay for the damages in the event that:
  • Your roof is crushed by a falling tree in a hurricane.
  • A guest slips and injures him or herself on a loose brick in your walkway.
  • Vandals throw rocks through your windows.
However, not all homeowners insurance policies are the same. The Hartford is the only home insurance company endorsed by AARP.® With our flexible options, savings and expert service, you’ll know that your home is getting the best protection possible. Get a homeowners insurance quote today and start saving your money and securing your home with The Hartford.

Homeowners Insurance through Elephant

Many homeowners would agree that their home is their most valuable possession and their biggest investment. Homeowners insurance protects your family, your property, and your belongings. There are several types of homeowners insurance policies offered through Elephant that will give you the peace of mind you deserve.

Homeowners insurance policies through Elephant are based on Replacement Cost Coverage*. Replacement cost is the amount required to repair or rebuild your home with similar materials. This coverage can pay up to 100% of your home’s coverage limit. In addition, you can purchase different amounts of coverage based on how much it would cost to rebuild your home.

Bundle with Elephant for additional savings

With Elephant you can easily get a homeowners insurance quote that fits your needs. But did you know that you can also bundle and save? Auto insurance customers receive a discount for bundling a homeowners insurance policy, making it even more affordable to buy through Elephant.

How do I get a homeowners insurance quote?

Homeowners insurance is an important part of protection your valuable assets. That’s why Elephant has partnered with Homesite, a leading provider of homeowners insurance. Homesite helps customers find the best policy designed to safeguard your changing home, property, and financial needs.

To get a quote, first take an inventory of what you own. This will help you decide what level of coverage makes you the most comfortable. Then, get a homeowners insurance quote and choose the policy that best fits your needs.

New Jersey Homeowners Insurance – Plymouth Rock Assurance

You deserve complete peace of mind when protecting your home and your family. Whether you own or rent, your home and possessions are likely your biggest investments. If you’re looking for homeowners insurance in NJ to protect your house — inside and out — Plymouth Rock Assurance  has you covered.

With a homeowners insurance policy, you’ll get expert advice and help in protecting against the unfortunate and the unforeseen, from lightning strikes and fires, to hurricanes and theft. Plus, by combining a home insurance policy with your auto insurance policy, you could save money.

Purchasing Home Insurance in New Jersey

Home insurance in New Jersey doesn’t have to be confusing. We’ll walk you through all of your options. The right amount of coverage is critical if you should ever need to repair or rebuild your home because of damage. You’ll also get help in thinking about the possessions in your home that you want to protect, from everyday items to more valuable belongings.  Read more information about coverage options available by clicking here.

Understanding Your Options

There are many aspects of a  policy that protect different parts of your property. While you’ll have help considering these coverages, you can brush up on your policy options to have an informed conversation with your insurance professional.

Save Money On Your Policy

You can maximize your savings when you buy both insurance for your home and car through our company. Plus, you’ll be able to take advantage of other discounts to lower your rate when you get a homeowners insurance quote. You could save for having certain safety features inside your home, a newer roof or a five-year claims-free history. We’ll ensure you take advantage of all your applicable discounts, so you get the best value possible.

All of Your Insurance Under One Roof

You can protect more than just your home and car through our company. Make your life easier by getting all of your insurance under one roof. You can also find out more information about condo, renters, and personal property policies we offer.

Cheap Homeowners Insurance

The cost of home insurance stops many people from purchasing a policy. Fortunately, there are ways to cut costs and save money while finding cheap home insurance coverage that protects your home and your possessions. We’ll share tips here, along with a rundown on what type of coverage is available, and how to figure out what policy is right for you.

25 Tips for Finding Cheap Homeowners Insurance

Not all plans are affordable, and not all are worth the cost. Depending on where you live, how old your home is, and other factors, you might be surprised by your options. Here are our top tips for finding cheap homeowners insurance that is a good deal in terms of value.

1. Shop Around and Compare Quotes

Purchasing a policy with your existing insurer may seem like the easiest and least expensive route. But depending on your insurance needs, another company may provide lower rates. Don’t be afraid to shop around and source quotes from a few companies before making a choice.

The easiest way to compare home insurance providers online is through our free comparison tool. Input your Zip code in the form above and find a list of most-recommended insurers in your area. Then you can obtain an online quote from companies that fit your needs.

2. Research the Home and Property

If you are about to purchase a home and want to know what to expect when it comes to costs, you can save money by doing a little research before buying. Find out whether the home you want to buy lies in a floodplain or has other questionable history.

Homes that have weathered a few heavy storms may incur more considerable insurance costs, whether in the form of higher premiums or higher deductibles, if not both. A property that is in an area with a high crime rate may also cost more to insure.

If you already own your home and it’s in a high crime rate area or a floodplain, consider whether you can use other money-saving tips to reduce costs elsewhere in your policy.

3. Think About Government Programs

In some cases, government programs for properties in high flood risk or other potentially dangerous areas can help bring down the cost of your premium. However, the opposite can also prove true. Carefully compare the terms of both types of plans before you commit.

4. Check for Bundling and Other Discounts

Although you won’t always find the best deal with your current provider, it’s possible that they offer bundle discounts that can save you money. If you already have car insurance or previously took out a renter’s insurance policy, you could save money by sticking with your existing provider for homeowner’s coverage too.

Other discounts may apply, such as a clear claims history, your status as a non-smoker, or the fact that you are married or even widowed. Some companies also give new customers a discount for switching to their services.

Similarly, a good payment record with your other obligations can help bolster your qualifications when it comes to qualifying for the cheapest home insurance. Ask whether a positive payment history can help your case.

5. Do Your Research

Although referrals from friends or family are helpful and online search tools help narrow your choices, it’s worth performing background research before agreeing to the terms. Consider looking up the company you have chosen on the Better Business Bureau website. You can find out if the carrier has any pending litigation, customer complaints, or other issues.

6. Set a Higher Deductible

A deductible is the amount you pay before your insurance provider will take responsibility for any damages. The higher your deductible, the more you pay out of pocket if disaster strikes. However, a higher deductible also means lower monthly costs, an important consideration when calculating the overall price. If you can raise the deductible and pay less per month, it might be a better deal than continuing to pay higher premiums.

7. Install Emergency Devices

Depending on your insurer, you may be eligible for discounts on emergency preparedness. Between storm protections such as roof repairs or storm shutters, and other additions, you could receive valuable discounts in exchange for planning ahead.

8. Earn Fire Preparedness Discounts

Functioning early warning equipment like smoke and carbon monoxide detectors are essential in every home, but did you know that installing a fire protection system can earn you discounts on home insurance? Some systems even notify fire personnel remotely, but even sprinkler setups reduce the odds of a fire disaster in your home.

9. Take Advantage of Home Security

Another advance protection that can reduce costs is a home security system. Along with sensors and alerts, adding deadbolts to your home’s doors, and other protections, you reduce the chances of experiencing a break-in that could cost you and your insurer money. A burglar alarm is a relatively small price to pay in terms of savings over time on insurance costs.

10. Ask About Other Discounts

If you have an existing policy with your insurer, you’ll want to ask about multi-policy discounts. But whether you are sticking with your current provider or shopping around, ask about any other discounts they may offer. For example, some companies offer discounts to unions or employees of specific companies. Many insurers also give senior or military discounts.

11. Know the Property Risks

Depending on your home’s location and local regulations, you may have to purchase additional insurance beyond a standard homeowner’s policy. Flood insurance, for example, is mandatory in many areas that experience flooding. It’s helpful to know your home’s flood risk before buying, as flood policy add-ons may raise your costs significantly.

12. Get the Right Coverage

Like homes in flood plains, your home may have unique qualities or vulnerabilities that require additional insurance. For example, a storm could cause flooding in your home due to the property layout and features. Even if you don’t live in a flood zone, your house could sustain water damage.

13. Think About Home Features

Before you install an in-ground pool or order a hot tub, consider the impact those features will have on your insurance costs. Pools are a liability for homeowners because of the drowning risk they pose to not only the inhabitants of the home, but also visitors. The higher the risk, the higher the premium for your insurance plan.

14. Eliminate Risks on the Property

Although pools and hot tubs are common risk factors, other property features can cause your insurance rates to rise. For example, old buildings on your property, although uninhabited, create additional hazards. Plan to remove any old storage sheds, garages, or outbuildings before signing up for your plan.

15. Concentrate on the Roof

Because the roof is your home’s primary protection against water damage, its condition effects your overall insurance costs. Consider performing repairs on the roof or replacing it if possible. The up-front cost may be high, but the long-term savings on your insurance and the protection a new roof gives your home are worth it.

16. Use Automatic Payments

Automatic payments are a convenient way to guarantee you never miss a billing cycle, but many companies also give discounts if you pay automatically. Discount amounts vary, but you could save 5 percent or more each month. Signing up for your company’s autopay feature is one of the easiest ways to get the cheapest home insurance possible.

17. Carefully Consider Claims

Having a homeowners’ policy is reassuring when something goes wrong in your house. However, you should think carefully before submitting a claim. Insurers may refuse to pay if they see multiple similar claims from a client, or if they suspect that any claim is fraudulent. This can cause problems later if a larger issue comes up that you can’t pay for on your own.

18. Take Care of Credit

Like any other large purchase, it helps to have good credit when applying for insurance. However, maintaining decent credit over the long term will help save you money. Check regularly to ensure that your credit score is decent and ask your agent if any discounts apply if it increases.

19. Review the Terms Periodically

Although you sign a contract for insurance, just like any other service, it pays to revisit the terms occasionally. Whether you start a new job, make upgrades to your property, or bumped your credit score up a few points, you may be leaving money on the table by keeping your policy as-is.

20. Check Coverage Amounts

Because the cost of your plan depends on what it would cost to rebuild your home after a disaster, you may not necessarily use the price tag amount to determine coverage needs. The rebuild costs can also vary depending on the market value of your home, so this is worth checking out before you renew your policy.

21. Plan for Pets

If you are considering adopting a pet, check whether your existing or prospective insurance carrier has limitations on pet species or breeds. Many carriers blacklist particular breeds of dogs, especially those with a reputation for being vicious. However, some carriers also list dogs that most pet owners do not consider a risk. Check ahead and put off adopting a pet until you can confirm it won’t affect your rates or insurability.

22. Understand the Plan

If you’re purchasing a new home, it can be difficult to wade through all the paperwork, including insurance-related information. However, it’s important to read through your plan and understand your responsibilities. For example, many new homeowners think that homeowners’ insurance covers home systems like heating and air or other major appliances. The higher price of a plan isn’t so palatable when you realize it doesn’t cover the interior or appliances of your home.

23. Insure Valuables Separately

Although homeowners’ policies require itemization of many big-ticket items, insuring those items separately can save you money. If you have valuables such as jewelry or expensive electronics in your home, taking out another type of insurance on those items can reduce your overall insurance costs.

24. Maintain the Home and Property

A homeowner’s worst nightmare is finding out that an insurance policy won’t reimburse them for the loss of their home due to the property owner’s negligence. Unfortunately, if you don’t perform regular maintenance on your home, an insurance company can refuse to pay out and accuse you of neglecting your responsibility. Conditions like mold, termites, leaking or broken pipes, or sewer disasters are mostly preventable, so odds are, your agent won’t cover them.

25. Pay Off the Mortgage

If you already own your home outright, your insurance costs will likely be lower than if you are making payments. Confirm that your company or agent knows that your home is paid off to see if you qualify for a lower rate. If not, consider shopping around to see if another insurance company will give you a discount for outright home ownership.

Cheapest and Most Expensive States for Home Insurance

If you’re shopping for a new home, comparing the cheapest and most expensive states for home insurance might help you narrow down a geographical location. If you’re moving across state lines already, choosing an area with lower costs is a smart way to save money. Regardless, knowing how your state measures up can indicate how expensive your premiums will be.

Which States Have the Cheapest Rates?

According to the Insurance Information Institute, the average cost of homeowners’ insurance is about $1173 per year. However, within the US, rates vary widely.

At an average of $643 per year, Oregon holds the number one spot for cheap homeowners insurance in the nation. Utah and Idaho are comparable choices at just under an average of $700. Conversely, Florida is the most expensive overall. The average costs there are $1993 per year, alongside Texas and Louisiana, where premiums are just over the $1900 mark.

Overall, the top five states with cheapest rates were:

  • Oregon
  • Utah
  • Idaho
  • Nevada
  • Wisconsin

The five states with the highest rates were:

  • Florida
  • Texas
  • Louisiana
  • Oklahoma
  • Kansas

At first glance, it might not make much sense that some states have nearly double the homeowners’ insurance costs as others. However, states like Florida and Texas commonly experience flooding and hurricanes. Oklahoma and Kansas are more susceptible to fires and earthquakes.

Still, not all cities in each state have the same calculated risk. Averages are helpful in determining trends, but your quote may not match up exactly with what your state’s average is. Relatively affordable home insurance is available nearly everywhere, as long as you know where to look and how to save money.

What Factors Influence Home Insurance Rates?

In general, the value and location of the home and the property it sits on will dictate the value and therefore cost of your coverage. However, there are other factors affecting home insurance quotes that are less visible.

Natural Disaster Risk

Many areas in the United States are at higher risk of natural disasters than others. For example, Florida is more prone to flood-related disasters than landlocked states. Along with the fact that many areas of Florida are densely populated, its exposure to the sea means more residents there experience hurricanes, mudslides, floods, and more.

Property conditions can also influence home insurance rates. For example, if your home has sinkholes or seasonal flooding, your risk of a disaster may be higher than average for the area. That means your premiums are higher than average, too.

Construction Costs

Other factors like construction costs can also affect the cost of your insurance plan. If you live in a state with higher construction costs, you can expect to pay more in premiums because the insurer will have to pay more for related claims.

Areas with lower construction costs often have lower insurance rates, despite the potential presence of environmental hazards.

Home Materials

Construction costs vary based on where you live and how much labor costs, but materials can affect the bottom line as well. If your house is wood, you may pay a higher premium than if your home is mostly brick, cement, or stone.

Homes that are wood have a higher risk of damage than more sturdy construction, meaning your house is less of a risk to the insurance company if it’s brick or stone.

Location

Although the location is a significant factor because of the odds of a natural disaster affecting your home, your proximity to emergency services is also crucial. Homes that are farther away from fire hydrants or firehouses are more likely to sustain worse damage in a fire than homes that are close to water sources and personnel.

On-Site Hazards

You know that having a wood burning fireplace is more dangerous than a typical HVAC system, but did you know it could affect your home insurance rates? Even if you purchase smoke detectors for every area of your home and equip yourself with fire extinguishers, your rates may be higher if your property has one or more fireplaces.

Other hazards that can affect people’s safety are trampolines, pools, and potentially aggressive pets. The age of the home and the presence of old pipes or electrical systems can also affect premium amounts.

Types of Home Insurance Coverage

Comparing homeowners’ insurance coverage options can easily become a headache. There are categories for different types of coverage, so you need to know which ones cover what occurrences before you purchase. Each policy’s name begins with HO, which is short for homeowner’s insurance.

While most homeowners purchase HO-3 coverage, we’ll explain the options, so you know which plan provides the most coverage for your unique situation.

HO-1

A basic policy, HO-1 offers minimal coverage for both structures and property. It covers eleven basic areas:

  • Fire/lightning
  • Windstorms/hail
  • Vandalism/malicious mischief
  • Theft
  • Damage from vehicles/aircraft
  • Explosions
  • Riots/civil commotion
  • Broken glass
  • Smoke
  • Volcanic eruptions
  • Personal liability

However, most states don’t offer this basic coverage anymore, due to the availability of more comprehensive options at a reasonable cost.

HO-2

An HO-2 policy is a broader type of coverage and covers the eleven components of HO-2 coverage plus more “named perils.” Your agreement will outline which perils it covers, but typically those are:

  • Frozen household systems
  • Burst or broken pipes
  • Water or steam damage
  • Electrical damage
  • Falling objects
  • Damage from the weight of snow or ice

Generally, your personal belongings and liability fall under the HO-2 umbrella. Still, since it’s a named peril policy, anything not included in the contract won’t be covered.

HO-3

The most common type of coverage homeowners choose, HO-3 is a special form that works for most single-family homes. While this plan doesn’t include all the possible “perils,” it names an extensive list and has “open risks.” Among the perils HO-3 covers on your home are:

  • Power failures
  • Nuclear hazards
  • Water damage
  • Government damage
  • Fungus, rot, or mold
  • Animal damage (even pets)
  • Pollutant leakage
  • Earthquakes or other natural disasters that produce movement
  • Property collapse

You can also add endorsements to HO-3 for additional coverage if necessary.

HO-4

This type of insurance is for renters and covers personal property the same as HO-2 or HO-3. It can also include liability coverage for personal injury and property damage. However, it does not cover the property, because the law requires the property owner to maintain an insurance policy for the structure.

HO-4 or renter’s insurance usually includes the cost of your living expenses if you must vacate a rental property while professionals repair the damage.

HO-5

Although HO-3 is the most common, HO-5 is the most comprehensive plan available for homeowners. It explicitly names what is not covered by the plan, therefore protecting your property and belongings against all types of hazards.

Also known as an “open perils” policy, the HO-5 does leave off dangers such as earthquakes and water damage. Still, you can add these endorsements for further protection if necessary. However, you cannot add an endorsement for flood insurance, meaning that you’ll need a separate policy for that purpose.

HO-6

HO-6 is for condominium owners, protecting an individual’s unit separately from its neighboring units. HO-6 policies cover the personal property of the homeowner plus the walls, floors, and ceiling of the condo. While homeowners can purchase this coverage, which includes all perils in the HO-2, the rest of the condo must have separate coverage through the homeowners’ association.

HO-7

If you own a mobile or manufactured home, you might be wondering what type of coverage your house needs. The HO-7 option extends coverage to mobile homes that don’t meet the requirements for typical homeowners’ insurance policies. However, the coverage is like that of an HO-3 for a stick-built home.

HO-8

For older homes that would cost more to repair than to rebuild entirely, the HO-8 is appropriate. This modified coverage form typically covers historical properties and registered landmarks, and it includes variations of HO-3 coverage depending on the features of the home.

Estimating How Much Coverage You Need

You know that you need homeowners’ insurance to protect your investment in your home. But how much coverage do you need? What happens if you need to submit a claim? Is the cheapest home insurance the best bet? Here we’ll explain how to determine what coverage you need to protect yourself and your home.

Calculate Replacement Costs

Homeowners’ insurance aims to repair or replace your home after a disaster strikes. Therefore, you need to come up with a figure that would sufficiently replace or restore your home to its current state. Hiring an expert can help with this, but don’t expect their appraisal to match your home’s exact market value.

In addition to the structure of your home, you should also assess your possessions. If your policy only covers the home, you will have the burden of replacing all your belongings after a disaster. Consider additional coverage for replacing both valuable belongings and everyday items.

Consider Liability

While most homeowners don’t expect that their friends will sue them in the event of an accident during a party or other event, it does happen. Think about the fact that a court could find you responsible for injury or even death.

Also, even a criminal who receives an injury while trying to steal from you or damage property can still take you to court to pay damages. Liability insurance covers these types of incidents so that you don’t have to pay out of pocket.

Check the Geography

Again, if you live in a flood plain, now is the time to tack on flood insurance to your policy. Other circumstances may require additional insurance endorsements, so think about what your city or state’s weather patterns are like.

Also, consider the location and whether your area is prone to mudslides, fires, or any other natural disaster. Even if you live in a relatively safe area that doesn’t experience flooding or earthquakes, your property may have risks beyond what the typical policy covers.

Think about the location and position of your home’s lot and double check before purchasing a policy that doesn’t address those concerns. For example, you may want a specific type of coverage if you have:

  • Water runoff near the home
  • Potential for mold or fungus because of water presence
  • Trees near or above the roof or windows
  • Older outbuildings or other structures that may fall

Types of Coverage Levels

Like car insurance, homeowners’ insurance policies aren’t one-size-fits-all. Once you select the HO that fits your home and your life, you also need to decide what coverage level you want. Keep in mind that the level you choose can impact your overall costs, however.

Actual Cash Value

The cheapest insurance policy only covers what your property is worth today. It’s the cheapest policy because it accounts for depreciation of your home and possessions, making the payout amount lower. An ACV policy is what providers prefer because reimbursing you costs less than other options.

For example, if you own a flat screen TV that you purchased three years ago, the amount that an ACV policy would award you to replace it probably wouldn’t be enough to buy a brand-new one. Rather, you could theoretically afford a used TV that was around the same age as your old one.
However, court decisions on the subject sometimes vary, so there is no hard and fast rule about what constitutes the actual cash value of an item.

Replacement Cost

Replacement cost means you can replace what sustains damage at market cost. While this type of coverage doesn’t quantify any one item, it has limits to the payout amount. With the television example, you would be able to purchase a new TV that is the same brand and size as the old one.

Replacement cost does not reflect the depreciation of the item, although limits do apply depending on your policy.

Guaranteed Replacement Cost

The most expensive level is guaranteed replacement, which doesn’t factor in depreciation and lets you replace items at the outer limits of the policy. However, you may face difficulty obtaining a policy, and you will likely pay more than you would on other coverage levels.

The benefit of this type of coverage is that even if your property sustains damage that costs more than your policy is worth, the company still replaces it. That means depreciation is not a factor, and you can replace all damaged items like new.

Conclusion

Finding cheap homeowners insurance isn’t always easy, especially if you live in a state with higher than average costs. However, it’s important to find the right coverage for both your property and budget, which is what we’re here to help with.

While the cheapest homeowner’s insurance is the most appealing, a high premium is sometimes necessary depending on your property and its risk factors. Rather than signing on with the first provider you come across, do your research and find the right fit for your home.