Ask around and create a study on the most effective policy or company that you think may help you. There are a lot of companies offering insurance and their policies all differ in some point. It is not bad to go shopping for the best one- give it time and be a wise investor. These five items are the skeletal facts of understanding home insurance policies. Make protecting your private property a top priority- a house is a lifetime investment and like what they say, it is better to be safe than sorry.