Home Buying: Home Owner’s Insurance

Following are five things that a buyer should understand about Homeowner’s Insurance:

  1. You need to look for exclusive coverage
  2. You need to look for dollar limitations on claims
  3. You should understand the replacement costs
  4. You should understand the actual cash value
  5. You should understand he liability

It is important to talk to your Homeowner’s Insurance representative to gain a better understand of the coverage that will work the best for you, what the coverage entails, and what it all means to you as the home owner.