Which Homeowners Insurance Is Cheapest? 
The cheapest homeowners policy is one that gives the maximum reimbursement when you have a claim . Regardless of the monthly cost , having inadequate homeowners coverage can be devastating when there is a claim . That is the reason you have the policy . Since lenders and insurers generally fix the amount of coverage as the amount required to replace the building , there is not a lot that can be done to affect that part of the premium . However , there is also a liability section that receives scant attention . The cheapest thing to do is to select the highest limit you can possibly afford . A lawsuit could force you into bankruptcy . Be protected . 