Posted on: 28th Oct, 2009 10:02 am
What types of home insurance should I consider?
Hi sia,
There are various types of home insurance coverage that you can choose from. Which type of coverage will suit your situation, depends on what type of protection you want to have for your home and how much insurance premium you can afford. There is a basic coverage that insures your home against fire or lightening damage. There is broad coverage that protects your property against loss due to hail, theft, smoke damage, glass break, vandalism etc. There is special coverage also that covers losses due to damages from any peril except those specifically excluded in the policy.
There are various types of home insurance coverage that you can choose from. Which type of coverage will suit your situation, depends on what type of protection you want to have for your home and how much insurance premium you can afford. There is a basic coverage that insures your home against fire or lightening damage. There is broad coverage that protects your property against loss due to hail, theft, smoke damage, glass break, vandalism etc. There is special coverage also that covers losses due to damages from any peril except those specifically excluded in the policy.
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