Homeowners Insurance
Homeowners insurance to protect you from anything life throws at you
Top Homeowners Insurance Coverage Customized to Your Needs
Having insurance for your home is necessary, but understanding homeowners insurance coverage gives you the leverage you need when you’re ready to buy. No two households are the same, so we work hard to find the right coverage that works best for you. Our expert digital agents are here to find you the right policy and company that checks all the boxes! It’s that easy. The needs of homeowners are evolving every day. Our home insurance packages are designed with you in mind to find plans that matter most. Avoid financial harm and protection against wind, hail, fires, lightning, theft, and more.
Give us a call today so we can start working on getting you the best homeowners coverage.
ONIT Home and Goosehead Insurance
Separate the Best from the Rest
We partnered with Goosehead Insurance because time is money. When you work with us, we’ll save you both. Our agents analyze and compare insurance policies to find the top choice customized just for you. We’ll show you the best choices and put the power of information right in your pocket.
ONIT Home and Goosehead Insurance
Separate the Best from the Rest
We partnered with Goosehead Insurance because time is money. When you work with us, we’ll save you both. Our agents analyze and compare insurance policies to find the top choice customized just for you. We’ll show you the best choices and put the power of information right in your pocket.
What Does Homeowners Insurance Cover?
Home insurance covers perils, which are the damages or losses explicitly outlined in your homeowner’s policy. This includes damages or destruction to a home’s interior and exterior, as well as losses due to theft. There’s also liability protection if someone is injured at your home. You can add perils to your policy or find other insurance policies to further protect your home, like flood insurance.
Let’s get started today. Call us at 1-833-433-0331 to find the right policy for your home.
Three Basic Coverages Home Insurance Companies Offer
- Actual Cash Value: Covers the cost of your home, plus the value of your belongings. However, this also includes depreciation. Therefore, you’re paid for what the items are currently worth, not what you paid for.
- Replacement Cost: This covers the cost of your home and your belongings, without factoring in depreciation.
- Extended Replacement Cost / Value: This covers the cost of your home, and belongings, plus inflation costs. This includes costs that are larger than your policy limit, but there are often ceilings of 20% to 25%.
To get started, fill out our form or call us right now at 1-833-433-0331 so we can start working on your best coverage yet.
Why Do I Need Homeowners Insurance?
Accidents are unpredictable. Having a policy in the event of these emergencies is crucial.
So, why do I need homeowners insurance in the first place? To put it simply, for financial and personal protection. Many mortgage companies will also expect homeowners to have insurance to further protect the property.
Plus insurance from other disasters such as:
Wind
Hail
Lightning
Theft
No one wants to fall victim to a break in or burglary. While the actions of others are out of our control, you can rest easier with an insurance policy that’s built for handling anything life throws your way. Whether you’re weighing your options between dwelling and personal property coverage, or need help understanding your deductible and coverage limits, we’re here to help.
You can also stay ahead of the curve with a smart security system from ONIT. A security system can stop a burglar in their tracks before they even have the chance to get inside.
Service Line Coverage
Use service line coverage to protect your home from handling the costly expense of having damaged pipes or wiring encroaching onto your property. Speak to one of our licensed brokers about adding this to your policy for extra protection.
Enhanced Rebuilding Coverage
If your home has been severely damaged or destroyed, enhanced rebuilding coverage provides you with a helping hand for financing the replacement expenses.Local Ordinance Changes
Prepare for unexpected and expensive code changes within your city by adding local ordinance changes to your insurance policy. Speak to our team of licensed brokers to learn more about how we can protect you from having to pay out of pocket for city-mandated residential upgrades.
Appliances
Beef up your homeowner’s insurance by adding appliances and electronic coverage to your policy. Our homes can be hectic and the unexpected can happen at any moment. We’re here to make sure every inch of your personal property is covered with a flexible policy.Full Replacement Costs
There’s no better backup plan than having full replacement costs in your policy. This ensures your family is able to finance replacing your home or belongings lost in a disaster or other unfortunate event.Computer + Electronics
In this modern day and age, our technological devices have quickly become some of our most valuable possessions. Insuring these items provides you with a safety net against theft, vandalism, data damage, and more.Fire
The National Fire Protection Association reports that every 24 seconds, a fire department in the U.S. responds to a fire emergency. We’ll make sure your property has the protection it needs when you need it most with comprehensive fire insurance. Our coverage extends beyond property damage to your personal items and all facets of your property.
Water Backup
Make sure all your bases are covered with water backup insurance. Adding this to your policy provides you with protection against hefty water damage fees.If your home has been severely damaged or destroyed, enhanced rebuilding coverage provides you with a helping hand for financing the replacement expenses.
No one wants to fall victim to a break in or burglary. While the actions of others are out of our control, you can rest easier with an insurance policy that's built for handling anything life throws your way. Whether you're weighing your options between dwelling and personal property coverage, or need help understanding your deductible and coverage limits, we're here to help. You can also stay ahead of the curve with a smart security system from ONIT. A security system can stop a burglar in their tracks before they even have the chance to get inside.
Use service line coverage to protect your home from handling the costly expense of having damaged pipes or wiring coming onto your property. Speak to one of our licensed brokers about adding this to your policy for extra protection.
Prepare for unexpected and expensive code changes within your city by adding local ordinance changes in your insurance policy. Speak to our team of licensed brokers to learn more about how we can protect you from having to pay out of pocket for city-mandated residential upgrades.
There's no better backup plan than having full replacement costs in your policy. This ensures your family is able to finance replacing your home or belongings lost in a disaster or other unfortunate event.
Beef up your homeowner's insurance by adding appliances and electronic coverage to your policy. Our homes can be hectic and the unexpected can happen at any moment. We're here to make sure every inch of your personal property is covered with a flexible policy.
The National Fire Protection Association reports that every 24 seconds a fire department in the US responds to a fire emergency. We'll make sure your property has the protection it needs when you need it most with comprehensive fire insurance. Our coverage extends beyond property damage to your personal items and all facets of your property.
In this modern day and age, our technological devices have quickly become some of our most valuable possessions. Insuring these items provides you with a safety net against theft, vandalism, data damage, and more.
Make sure all your bases are covered with water backup insurance. Adding this to your policy provides you with protection against hefty water damage fees.
Plus insurance from other disasters such as:
Wind
Hail
Lightning
Items That Affect Cost for Homeowners Insurance
The cost for homeowners insurance varies depending on the company and the different coverages you’re seeking. Your policy rate is determined by the insurer’s risk assessment that you’ll file a claim, based on past claim history from the home, neighborhood, and conditions of the structure. While there is no standard cost for home insurance, there are factors that affect pricing.
- Your home’s age: Whether your home is brand new or over 100 years old, the age affects your cost for homeowners insurance.
- Building materials and safety features: What’s your home made of? Brick? Wood? Siding? Your answer could impact the cost.
- Luxury items: This includes jewelry, expensive art, and weapons.
- Pools and trampolines: These items present a liability risk to insurance companies, so expect to see an increase in your insurance premium if this exists on your property.
- Location, location, location: We’re not just talking about your address and zip code. This includes proximity to your nearest fire department or body of water.
Breaking Down the Different Types of Homeowners Insurance Policies
Did you know there are eight different types of homeowners insurance policies? Each is designed with different levels of protection.
Basic Form
This is the most limited type of home insurance policy for a single-family home. This policy covers your home and personal belongings at actual cash value, and only covers you against ten named perils.
- Aircraft
- Falling Objects
- Fire / Lightning
- Explosion
- Riot or Civil Commotion
- Smoke Theft
- Vandalism
- Windstorm / Hail
HO-2: Broad Form Policy
A broad form policy covers the dwelling, or the structure, of your home at replacement cost value. A broad form policy can cover personal liabilities as well. Here are 16 added perils you can find in this policy:
- Aircraft
- Freezing
- Falling Objects
- Fire / Lightning
- Explosion
- Riot or Civil Commotion
- Smoke
- Theft
- Vandalism
- Accidental discharge or overflow of water or streams
- Accidental and sudden damage from artificially generated electricity currents (like a power surge)
- Sudden and accidental cracking/burning/bulging of a water heater, central air conditioner, or heating system
- Weight of snow, ice, or sleet
- Windstorm / Hail
- Volcanic Eruptions
HO-3: Special Form
This type of home insurance policy is the most common type, due to the broad range of coverages and affordability. It covers the same perils as an HO-2, but the liabilities go further. The HO-3 policy insures your home and any attached structures (think patios or garages), plus offers personal liabilities, and covers your belongings.
Common exclusions include:
- Ordinances or laws
- Rust, corrosion, and smog
- Intention loss
- Floods
- Water Damage
- Pets and other animals
- Mold, fungus, rot
- Damage from birds, vermin, rodents, and insects
- Earth movements, like an earthquake, landslide, or mudslide
- War, government action, and nuclear hazard
- Neglect, deterioration, and general wear and tear
- Settling, bulging, shrinking, or expanding your home foundation
- Vandalism or malicious mischief (if the home has been vacant for more than 60 days).
HO-4: Tenant’s Form/Contents Broad Form
This policy is exclusive to renters, covering belongings and personal liabilities. It covers the same 16 named perils found in HO-2. The main difference is that renters insurance covers your personal property inside your rental and anywhere else.
HO-5: Comprehensive Form
The description is in the title, this policy is comprehensive! It covers more perils than any of the other policies. It’s an open-peril policy form that safeguards you against any and all perils unless your policy specifically excludes them in writing.
HO-6: Condo Form/Unit-Owners Form
This policy is specifically for condo owners to financially protect their belongings and personal liability. In addition to liability and belongings, this policy typically extends to the walls, floors, and ceilings of the unit as well.
However, the amount of coverage you need depends on what is covered by your condo association’s HOA insurance.
HO-7: Mobile Home Form
HO-8: Modified Coverage Form
The HO-8 is designed for the specific concern older homes face. Typically historic homes and registered landmarks carry this form of a home insurance policy. HO-8s only provide coverage for 10 named perils, and your reimbursement is determined by the actual cash value instead of a replacement cost. The ten named perils include:
- Aircraft
- Falling Objects
- Fire / Lightning
- Explosion
- Riot or Civil Commotion
- Smoke
- Theft
- Vandalism
- Windstorm/Hail
Basic Form
This is the most limited type of home insurance policy for a single-family home. This policy covers your home and personal belongings at actual cash value, and only covers you against ten named perils.
- Aircraft
- Falling objects
- Fire / Lightning
- Explosion
- Riot or Civil Commotion
- Smoke Theft
- Vandalism
- Windstorm / Hail
HO-2: Broad Form Policy
A broad form policy covers the dwelling, or the structure, of your home at replacement cost value. A broad form policy can cover personal liabilities as well. Here are 16 added perils you can find in this policy:
- Aircraft
- Freezing
- Falling objects
- Fire / Lightning
- Explosion
- Riot or civil commotion
- Smoke
- Theft
- Vandalism
- Accidental discharge or overflow of water or streams Accidental and sudden damage from artificially generated electricity currents (like a power surge)
- Sudden and accidental cracking/burning/bulging of a water heater, central air conditioner, or heating system
- Weight of snow, ice, or sleet
- Windstorm / Hail
- Volcanic eruptions
HO-3: Special Form
This type of home insurance policy is the most common type, due to the broad range of coverages and affordability. It covers the same perils as an HO-2, but the liabilities go further. The HO-3 policy insures your home and any attached structures (think patios or garages), plus offers personal liabilities, and covers your belongings.
Common exclusions include:
- Ordinances or laws
- Rust, corrosion, and smog
- Intention loss
- Floods
- Water Damage
- Pets and other animals
- Mold, fungus, rot
- Damage from birds, vermin, rodents, and insects
- Earth movements, like an earthquake, landslide, or mudslide
- War, government action, and nuclear hazard
- Neglect, deterioration, and general wear and tear
- Settling, bulging, shrinking, or expanding your home foundation
- Vandalism or malicious mischief (if the home has been vacant for more than 60 days).
HO-4: Tenant’s Form/Contents Broad Form
This policy is exclusive to renters, covering belongings and personal liabilities. It covers the same 16 named perils found in HO-2. The main difference is that renters insurance covers your personal property inside your rental and anywhere else.
HO-5: Comprehensive Form
The description is in the title, this policy is comprehensive! It covers more perils than any of the other policies. It’s an open-peril policy form that safeguards you against any and all perils unless your policy specifically excludes them in writing.
HO-6: Condo Form/Unit-Owners Form
This policy is specifically for condo owners to financially protect their belongings and personal liability. In addition to liability and belongings, this policy typically extends to the walls, floors, and ceilings of the unit as well.
However, the amount of coverage you need depends on what is covered by your condo association’s HOA insurance.
HO-7: Mobile Home Form
HO-8: Modified Coverage Form
The HO-8 is designed for the specific concern older homes face. Typically historic homes and registered landmarks carry this form of a home insurance policy. HO-8s only provide coverage for 10 named perils, and your reimbursement is determined by the actual cash value instead of a replacement cost. The ten named perils include:
- Aircraft
- Falling Objects
- Fire / Lightning
- Explosion
- Riot or Civil Commotion
- Smoke
- Theft
- Vandalism
- Windstorm/Hail
Find a Lower Cost on Homeowners Insurance With ONIT Home
Having homeowners insurance doesn’t need to be expensive! Luckily, when you partner with ONIT Home, we do the heavy lifting for you. We research the best policies with top coverages to find the best deal for your budget.
Our digital agents are on the move to help you secure your best home insurance cost yet. We do our best to take care of you and your home every step of the way. This happens through pulling multiple quotes, finding bundling options, and looking for top discounts.
Find your perfect policy today by calling us at 1-833-433-0331 or filling out your information for your digital agent.
Need Homeowners Insurance? We’re ONIT.
Buying a home is a huge deal. Protect your space with the right coverage so your home is protected year-round.
Get started today!
Need Homeowners Insurance? We’re ONIT.
Buying a home is a huge deal. Protect your space with the right coverage so your home is protected year-round.
Get started today!