When it comes to home insurance you should never be without the right policy for you and your home. Home insurance can be broken down into seven different types of insurance categories. All home insurance will give you the coverage that you need but what differs from one another to another are the types of situations and circumstances that they cover. Basic home insurance will give you coverage for the following types of disasters that can occur: theft, vandalism, explosions, aircraft, smoke damage, volcanic eruptions, water damage from nature, damage from sleet and snow, falling objects, and damage from electrical surge. When you have basic home insurance your property and home will be protected from the listed damages. You can get a more extensive home insurance plan than the basic plan. This can include protection from other damage such as falling trees and water damage from inside the home (such as when your dishwasher breaks). You can get an even more comprehensive home insurance plan that will protect your home from other damages that occur inside the home. If you rent your home you'll want to have home insurance for renters. This insurance will give you protection for your personal belonging. The owner of the building in which you reside will be responsible for the home insurance that is carried on the dwelling in which you live. If you live in a condominium you'll also want to make sure that you have a good home insurance plan in place so that all of your personal belongs, and the condo if you own it, are covered. And if you own what is considered to be a historic home you'll want to have home insurance that is based on the historic value of the home. You'll want to make sure that the rebuilding and replacement costs aren't covered in your historic home insurance because some elements of your historic home can make these construction costs much higher than current market value. When you're shopping around for home insurance there are many things that you need to consider including how much your home insurance coverage will cost. You need buy the right type of home insurance plan so that you have the right level of protection as well as special provisions in place for all your valuables such as your computer equipment, jewelry, and other expensive possessions.