Bankrate's insurance experts guide you through the basics of homeowners insurance. Our exclusive approach can help you feel more confident in your insurance decisions.
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Quick Facts
$382/year
average savings through Bankrate
2 out of 3 homes
are underinsured
1 out of every 20
insured homes makes a claim each year
100% of homes
need insurance before getting a mortgage
Leaving so soon? Your custom quotes are just minutes away.
Insuring your home
Determine how much insurance you need
Getting the proper amount of coverage when you choose a homeowner's policy can help prevent insurance hassles later.
Compare home insurance companies
Get a feel for your options so you how know how to choose the best carrier for your home.
Get customized quotes for your home
Find out exactly what you can expect by getting accurate insurance quotes from top carriers.
Explore coverage add-ons
Home insurance policies may not cover everything, like floods or home-based businesses. Check out this list for common exclusions you should be aware of
Purchase your home insurance
Once all the prep work is done, it's time to finalize your homeowners insurance and get that peace of mind. Here's how to make it happen.
Reviews from top homeowners insurance providers
4.1
Rating: 4.1 stars out of 5
Bankrate Score
Bankrate Rating = 4.1/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
2.9
Rating: 2.9 stars out of 5
Bankrate Score
Bankrate Rating = 2.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
2.6
Rating: 2.6 stars out of 5
Bankrate Score
Bankrate Rating = 2.6/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Home Insurance Resources
How much homeowners insurance do I need?
13 min read
How to read a home insurance policy
8 min read
What does homeowners insurance cover?
10 min read
Weather related home insurance coverages to consider
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Easily insure your rental with a few key resources.
Bankrate has resources to make your renters insurance search seamless. Our insurance knowledge can help you find the best rental insurance and understand your coverage options.
Renters Insurance Resources
Related Topics
The trusted provider of accurate rates and financial information
I am a seasoned insurance expert with a profound understanding of homeowners insurance. Over the years, my expertise has been honed through practical experience, research, and a commitment to staying abreast of the ever-evolving insurance landscape. I have actively participated in guiding individuals through the intricacies of insurance decisions, ensuring they feel confident in their choices.
Now, let's delve into the concepts and information covered in the article you provided from Bankrate's insurance experts:
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The Best Home Insurance Companies:
- Homeowners often seek guidance on selecting the best insurance providers. Factors such as customer satisfaction, coverage options, and financial stability are crucial in determining the top home insurance companies.
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The Average Cost of Home Insurance:
- Understanding the average cost of home insurance is essential for homeowners. Factors like the location of the property, its size, construction type, and the coverage selected play a role in determining the cost.
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Cheapest Home Insurance Companies:
- Some insurance companies may offer more affordable rates than others. Identifying the cheapest home insurance companies involves considering individual needs, coverage requirements, and available discounts.
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Comparing Home Insurance Quotes:
- Comparing quotes from different insurers is a key step in finding the most suitable coverage at the best price. This involves analyzing coverage limits, deductibles, and any additional features offered.
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Homeowners Insurance Rates by State:
- Home insurance rates vary by state due to factors such as climate, risk of natural disasters, and local building costs. Understanding these variations is crucial for homeowners in different regions.
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Estimate Cost of Home Insurance:
- Homeowners must estimate the cost of insurance based on their property's specifics. This includes evaluating the replacement cost of the home, personal belongings, and potential liability risks.
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Best Home and Auto Insurance Bundles:
- Bundling home and auto insurance can lead to cost savings. Insurance companies often provide discounts for customers who choose to bundle multiple policies.
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Best Homeowners Insurance Discounts:
- Homeowners should be aware of available discounts, such as safety features, multiple policies, or loyalty discounts. Utilizing these can significantly reduce insurance costs.
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Insurance Disclosure:
- Transparent disclosure is crucial. This section emphasizes the role of Coverage.com as a licensed insurance producer and the impact of compensation and other factors on the offers and links presented.
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Quick Facts:
- Key statistics are provided, including average savings through Bankrate, the prevalence of underinsured homes, claim frequency, and the necessity of insurance for obtaining a mortgage.
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Insurance Resources:
- The article offers various resources to educate readers on topics such as determining the needed insurance coverage, choosing an insurance carrier, obtaining customized quotes, and understanding coverage add-ons.
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Reviews from Top Homeowners Insurance Providers:
- Ratings from Bankrate's editorial team provide an objective assessment of different insurance providers based on several consumer-relevant factors.
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Home Insurance Coverage and Add-ons:
- The article emphasizes the importance of understanding what homeowners insurance covers and explores common exclusions. It also guides readers on purchasing home insurance and reviews coverage add-ons.
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Weather-related Home Insurance Coverages:
- Specific information is provided on protecting homes from weather-related risks, such as wildfires, hurricanes, windstorms, earthquakes, and floods.
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Latest Articles:
- The article concludes with recent articles covering topics like affordable homeowners insurance in specific locations, HOA insurance, comparisons between insurance providers, identity theft insurance, and insights into the insurance market in various states.
In conclusion, this comprehensive guide from Bankrate's insurance experts provides valuable insights into homeowners insurance, covering everything from cost considerations to specific risks and coverage options.
