Find house insurance that protects you from all possible losses, such as the loss of your home, loss of personal belongings, losses arising from personal liabilities and losses from disasters not covered by standard home insurance policies.
A standard home insurance policy covers your house and its contents in case of damage, theft and losses due to fire and other natural disasters except flood and earthquake. Your standard policy also covers your personal liability in case someone gets injured while staying within your property.
Since there are natural disasters that are too costly for insurance firms to cover, these risks are not covered in a standard house insurance policy. Policies that cover these risks should be purchased separately from the same insurance firm or an insurance agency tasked by the federal government to cover such risks.
If your house is located in an earthquake-prone area, purchase a separate earthquake insurance. Likewise, if you live in a flood-prone area, get a separate flood insurance. Buy your flood coverage from the National Flood Insurance Program of the Federal Emergency Management Agency. The FEMA covers your losses due to floods after your community is declared a federal disaster area.
If you live in Florida, a state often battered by hurricanes, buy a separate hurricane insurance, although many Florida home insurance policies already incorporate hurricane coverage.
There are also other natural-disaster risks such as tornadoes, blizzards and windstorms that are not covered in many standard policies so if your area has these risks, find house insurance that cover these special risks. Always check with your state insurance commissioner before buying special insurance policies because your state may have a program that helps residents about purchasing these special policies.
If you live in a place where there are lots of vandalism, theft, riots and other kinds of crime or if you live in an area where it is often battered by severe weather conditions, most insurance companies do not like to insure you. If you decide to stay in the area for a longer time, ask for information from the Insurance Information Institute about the Fair Access to Insurance Requirements Plans. This program allows residents in high-risk places to get home insurance policies.
Additionally, you can also contact the Institute for Business and Home Safety on how to reduce property losses from adverse events if you cannot find house insurance company to insure your house because of your location.