Having homeowner's insurance is a good idea. If you have coverage then you may be able to get the money you need to repair or replace anything that happens to your house. Before you get your homeowner's insurance, however, make sure that you take the time to check into various things that would affect your insurance and your particular area. 

Flood/Earthquake Insurance

While these kinds of insurance don't cover the same kind of natural disaster, they do have one thing in common. They aren't covered by standard homeowner's insurance policies. If you live in an area that is flood-prone or that has frequent or damaging earthquakes, having insurance that can help you with these risks is a good idea. Check with the insurance company that you are getting your homeowner's insurance from and find out where you are going to have to get flood or earthquake insurance. 

Tenant Coverage

If you are renting out your house, you can require your tenants to have renter's insurance, but you should also talk to your insurance company to see if you can get coverage that will protect you and your house if something happens. Accidents can occur when you have a tenant living in your home instead of living in it yourself. If you bought the house as an investment and something happens to it, then you are going to have to pay for repairs or replacement, which will cut into the return on your investment. However, if you have some insurance coverage, that will help maintain the return on your investment that you want to see. 

Dorm Coverage

If you have a college-aged child who lives in dorms, you may be able to have their belongings covered, even if the college they are attending is far away from you. That coverage may include replacing stolen items, like laptops or other electronics. Check with your insurance company and see if that is part of your standard coverage or if you have to add a rider to your insurance. A rider is basically an amendment to your current policy that covers a particular issue. 

If you own a house, you need to make sure that you have homeowner's insurance. You want to make sure that everything is covered if something were to happen to your house. The insurance will be able to help you replace or repair any damage. Check with the insurance company to see what coverage is standard and what you may want to add to it. For more information, contact a company like Oliveira Insurance Agency.