How To Compare Homeowners Insurance Policies? 
There are 3 basic areas to compare . Premium , coverage and financial strength of the insurance company . Premium Can be compared by obtaining quotes from several companies . Give each company the same limits of coverage to quote for you for comparison . Second is Coverage limits . Use your current policy coverage limits to request quotes and make sure that the policy forms used are similar . The most common form used is HO-3 . 3rd is the financial stability of the carrier insuring your home . You can research the carrier 's financials condition through a couple of independent rating companies . AMBest and Fitch are recognized by the industry as leaders in this field . There is a 4th part to your comparison , an agent to help you research and for service after you purchase a policyThee here are captive agents and independent agents . The captive agent only represent one company , the independent agent represents several carrier 's . A spreadsheet is a good medium to organize your information and help you evaluate all the information you 'll receive . 