Home insurance protects you from property and liability losses. Depending on your residents type will determine the type in home insurance policy you need. If you own the home and it’s your primary residents, you need a homeowners insurance policy. If the home you own is a condo or sometimes a town-home, you need a wall in policy or condo insurance policy. If you are renting a home or apartment, you need a renter insurance policy.
These property insurance policies are designed to protect you against a catastrophic loss or total loss. They do provide more coverage for all types of losses, and most policies are what they call all perils policies. No matter if you are getting a homeowners insurance quote, condo insurance quote or renter insurance quote, make sure you take to an agent to review all the insurance options.