What Kind Of Homeowners Insurance Do I Need? 
In general , a comprehensive `` all risk '' Homeowners Policy will provide the broadest coverage . I would suggest that there are certain key elements to look for when comparing proposals . Check the dwelling amount . Is it accurately reflecting current reconstruction costs in your area ? Look for a `` Replacement Guarantee '' for both your home and personal belongings to make sure that if you do suffer a loss , there wo n't be any costly gaps in coverage . Take a look at the deductible . These days most folks in my area have a $ 1000 deductible in order to control premium . Make sure you are getting the right credits . If you have a central alarm system , that will earn a discount . Some companies offer discounts for a new roof and upgrades in electrical , plumbing and HVAC systems.Finally , look for a good amount of Liability Protection , usually $ 300,000 . Keep in mind that a Homeowners POlicy does NOT provide coverage for Flood.Every home is in a flood risk area , it just depends upon the level of risk . You will need to look for a Flood Insurance policy to protect you.Ask your Insurance Professional . 