A homeowners policy is not just a policy that covers and protects your home and valuable contents in the case of loss, but it is a policy that can also raise a few questions as to what is covered and what is not. This is partially due to the fact that not all insurance companies will write a policy the same as another company. The price between companies could be the same but not the benefits. The folks at Wall Street Journal have written an article to help explain some of these things on a basic level. For more of an explanation, it may be best to contact your current insurance agent or even better, contact our office and we will help you navigate through some of the various differences as well as provide alternatives.
http://homes.yahoo.com/news/wall-street-journal-guide-to-homeowners-insurance-203200630.html