A few decades ago, who could have thought that shopping for homeowners insurance could become so easy? Gone are the days when one had to spend hours together roaming to different insurance companies, calling them over and over again just to compare a few quotes from two or more of them. Online insurance shopping has made it very much convenient for the shoppers to sit in the comfort of their homes and compare quotes from various companies to find cheap homeowners insurance. One can easily back away from all the hassle and get hundreds of quotes, both from local and national insurance companies by simply giving away a few details.

With this said, some people may not really like to give away information online to look for cheap home insurance, because some tools ask for personal credentials as well. But, one need not worry about this issue anymore, because online tools these days just ask for the shopper's zip code and that's it, a whole list of quotes from well-known insurance companies from over 50 States will appear on the screen. This method of online shopping to search for cheap home insurance quotes is easy, quick and above all it is free.

Getting the best and cheap home insurance is something that every online shopper looks for. But in search for cheaper home insurance quotes, one should not miss the actual benefit of having homeowners insurance. A full coverage home insurance is a protection for one's home and the property within it. Hence, comparing insurance quotes simply based on their cheap rates is not worth it. One should be clever enough to identify affordable quotes that provide complete benefits of having a home insurance rather than just opting for some cheap homeowners insurance quotes that are not really worthy.

But one need not think that in order to avail a full coverage home insurance, one will have to pay too much of premiums. It is definitely possible to enjoy low cost homeowners insurance and at the same time get a decent coverage plan. In order to choose cheap homeowner insurance quotes, one must first be aware of what are the different types of coverage plans available and then finally decide on one that suits their needs the best.

What is Covered Under a Personal Liability Home Insurance Insurance Policy?
According to Insurance Information Institute (III), homeowners insurance is divided into different categories, which are denoted as HO-1, HO-2, HO-3, HO-4, and so on until HO-8. Of all these policies the first type, i.e. HO-1 is no longer available as it provides very basic coverage scheme. The other policies are discussed below:
HO-2 and HO-3: These two policies are the most prevalent ones. The HO-2 policy is also known as 'broad-form policy' and HO-3 as 'special-form policy'. People having these types of coverage can claim for money in any of the following 16 situations: