Just as all homes are different, homeowners insurance will be equally different. There are different homeowners insurance coverage types and it is critical to select the one best suited for your own individual requirements. This is not to suggest that you only have one choice of a particular coverage. Rather, you can mix and match different types of coverage to meet the full protection you need from the insurance policy.
Damage to house would the most common type for the obvious reason. Not so obvious to many new home buyers would be damage to structures. This would refer to protection to garages and other structures connected to the home. Comprehensive personal liability will offer fiscal protection in the aftermath of any personal injury suffered by someone on the property. In a similar vein, medical insurance coverage would help deal with medical expenses incurred by those that are hurt on your property.
Homeowners insurance coverage types can also fall into categories such as covering costs related to damage to structures, loss of use, and more.
How do you know how much coverage you need? The answer to that question might require more than a bit of reflection. Or better yet, you may wish to meet with a professional insurance agent and try to determine the best amount of coverage available to you.