Home Insurance

Protect Your Investment with Quality, Affordable Home Insurance

Buying a home is probably the biggest investment you'll ever make, and with the right homeowners insurance policy you don't need to worry about that investment going bad. Home insurance can be very expensive, but if you do your research, compare rates online, and buy the most competitive rate possible you can save tens of thousands of dollars. You've seized your part of the American dream, now protect it!

How to Buy Home Insurance Online

If you have a mortgage, chances are you need homeowners insurance – most lenders require it! The good news is that the internet has made it easier than ever to find the best possible rate on home insurance. With Quote Source, simply enter your zip code to see the home insurance companies currently offering the cheapest rates in your area. Once you've done that, click through and compare rates from at least two insurers. To maximize your savings, just follow these easy tips.

• Determine your needs - Most home insurance comes in three basic forms. HO-1, or "Basic Home Insurance," is the cheapest type of policy, and covers things like theft, vandalism, fire, weather and some liability. HO-2, or "Broad Home Insurance," covers everything that HO-1 covers, plus damage from faulty plumbing, falling objects (including snow and ice on your roof), riots and damage from electrical appliances. HO-3, or "All Risk Home Insurance," covers just about anything that could happen to your home, excluding earthquakes and floods. Figure out how much protection YOU need -- don't pay for snow protection if you live in Phoenix!
• Exclude land prices from rebuilding costs - This is very important! Land is the single largest factor in most home prices, but it's invulnerable to most things that can harm your house, like fires, vandalism and theft. Excluding certain "acts of God" like volcanic eruptions, the value of the land you've bought isn't at risk, so don't factor it into rebuilding costs. In other words, just because your home cost $1 million dollars doesn't mean it will cost that much to rebuild. Estimate this crucial value accurately and you WILL save.
• Raise your deductible - As with all insurance, you can save a bundle by raising your deductible, or the amount you pay out of pocket when you file a claim. Determine your risk, and if you think it's relatively low, raise your deductible! You'll pay more if something happens to your home, but your monthly premium will go down. For most people, this means saving a lot of money.

Start Saving on Home Insurance Now

The first step toward getting the most comprehensive home insurance at the lowest price is to enter your zip code on this page. We'll find the home insurers currently offering the cheapest rate in your area and return them to you ordered by average savings. Try the first insurance company on the list first!