Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Looking for Home Insurance Policies? – Check out These Options

By Shiladitya Roy Subscribe to RSS | January 17th 2012 | Views:

Which is the most precious investment of your life? Unquestionably, it’s your home! Somebody had aptly said, “Home Sweet Home!” This is the reason most property holders look for effective insurance to protect their homes. Choosing perfect insurance policies can prove a little dicey, if do not explore well.

You will come across a number of insurance companies promising the best insurance packages, benefits and perks. Should you rely on them blindly? Of course not! You should do your own research on these service providers, and then choose the one that suits your needs.

You might be provided with a plethora of options for the safety and protection of your home. However, you should opt for the policy that suits your budget.

Before signing on any agreement, you should first check out the options that are available. Collate substantial information on the essentials of home insurance policies offered by a insurance company.

Ask as much of questions to clarify your doubts. And also remember to get quotes from the companies offering insurance services.

Here are some options that you should check out before opting for a policy:

HO-1 Policy

The HO-1 which is also known as the ‘Homeowner’s Basic Policy’, is the most fundamental of all policies. It will not only cover your abode but also the furniture and fixtures in it. Peril doesn’t give prior intimation before arriving! Therefore, you should take precautions before hand, in case there are some contingencies.

A policy as this will protect your peaceful dwelling from the tentacles of theft, fire, natural disasters such as cyclones, hurricanes or typhoons. The policy will cover all expenses.

This policy actually shields your home and its valuable belongings from ten various types of hazards. However, some companies have withdrawn this service owing to its obsoleteness in several states.

HO-2 Policy- More Comprehensive!

HO-2 is preferred by more home owners as it is more comprehensive than the first one. It defends your home and fixtures from 16 different vulnerabilities and dangers. Besides coverage from thefts or fire, it also covers damages caused by heating, plumbing, power hazards, ice, and AC.

This policy is ideal for you if you happen to reside in a freezing zone. I would suggest one should opt for the HO-2 policy instead of the HO-1. This is because the former is not only comprehensive, but also more practical. However, do your research well before choosing one.

HO-3 Policy

This policy is also known as ‘Special HO Policy’ has more focus on the structure of your home. It covers most of the hazards that might damage your house, except the ones that are specifically mentioned in the company agreement.

Opting for HO-5

This gives you the best deal as it is the most wide-ranging of all the policies mentioned above. However, this policy is expensive than the others since it an all comprehensive one.

HO-5 is worth the investment because gives your home and furniture protection from all the possible calamities. The disasters that are exclusive of this policy are tremors, war and floods.

HO-8 for Ancestral Home

If you have an ancestral or traditional home, then HO-8 is the ideal policy to choose. It focuses more on the current market price of the house. However, it does not cover any replacement expenses.

Hope this article helps you to choose the best insurance company to protect your beautiful abode in case of any emergencies.

Shiladitya Roy - About Author:
Harmony general is a general insurance company based in Barbados. We provide customized insurance deal to our clients. Harmony General benefits you in a number of ways, among which, our articles over several directories provide you with insurance information you need.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Insurance Articles Subscribe to RSS

Inexpensive health insurance procedure
Published by Lessardcasey on March 28th 2012 | Insurance offers Inexpensive Health Insurance rates for most Americans by allowing...
How to choose a nominee for your insurance policy
Published by Puneet on January 29th 2012 | Insurance
There is a common tendency between people, when dealing with their health insurance policy, to treat...
Impact of ignorance of employers’ liability insurance
Published by Andrew Edwards on March 17th 2012 | Insurance
There can be a huge impact faced by business owners after neglecting employer’s liability insuranc...
Alfa Romeo 159 car insurance is the best way for the safety
Published by Kaisar on January 2nd 2012 | Insurance
So you should hurry find the best Alfa Romeo Brera car insurance company and purchase the insurance ...
Best insurance lives in South Dakota
Published by Ronnie Brain on January 16th 2012 | Insurance
It is unlawful to drive on the South Dakota roads without auto insurance. If at all you are found vi...
Securing your vehicle with Arkansas auto insurance
Published by Auto Insurances on January 14th 2012 | Finance
Who doesn’t want his or her vehicle to be secured from every kind of accident or incident? Of cour...
Why You Need a Private Medical Health insurance
Published by Adamson Baker on July 7th 2012 | Insurance
When NHS is not adequate for a certain treatment, most patients seek the assistance of private consu...
Individual dental insurance plans
Published by Lessardcasey on February 11th 2012 | Insurance
Everyone at some point has been to the dentist throughout his or her life. Most of america can relat...
Compare car insurance online for more
Published by Jorjbush on January 12th 2012 | Insurance
With advancement in technology all the car insurance companies have taken a move ahead. Gone are the...
Benefits of income protection insurance
Published by Benroger on February 28th 2012 | Insurance
Right from the beginning of the world everyone knows how much unpredictable their life can be. Our l...
Finding cheap car insurance with best coverage
Published by Robmichae on March 16th 2012 | Insurance
Everybody is seeking ways to reduce their monthly expenses in today’s economy. As a matter of fact...
Things to consider when purchasing a wedding insurance plan
Published by Herry Smith on January 24th 2012 | Insurance
The wedding insurance plan covers things like attire, presents, rings and deposits on your different...
Include product liability insurance in investment plans
Published by Andrew Edwards on December 13th 2011 | Insurance
Product liability arrives at head when consumer or workers take off injury with the product...
How to get the cheapest car insurance
Published by Harrisonford on February 28th 2012 | Insurance
You think that cheap car insurance does not exist? Well you are wrong about it. You can actually get...
How to get low cost auto insurance Connecticut?
Published by Auto Insurances on January 16th 2012 | Finance
Who doesn’t want to save money in such high period of inflation? Of course everyone does. But, whe...
You can get car insurance in Missouri easily
Published by Insurance Inde on January 14th 2012 | Insurance
Missouri drivers are some of the most disciplined in the United States. They highly regard personal...
Different insurance plan to get cheap car insurance
Published by Robmichae on March 2nd 2012 | Insurance
Our car is a very important part of our life. A day without it can turn out to be a disaster day of ...
Are you looking for the best South African insurance?
Published by Dkfinancialplanning on February 10th 2012 | Insurance
South Africa is a very dangerous place full of crazy people and animals. In the South African area y...
Seeking car insurance for the first time- We can help you
Published by Carinsurence on December 8th 2011 | Insurance
If you have a newly purchased car and are seeking for the right type of auto insurance then this art...
Look for car insurance in South Carolina
Published by Ronnie Brain on January 17th 2012 | Insurance
It is a legal requirement that you carry your auto insurance South Carolina all the time. Failure to...