For many individuals, the greatest financial commitment they will ever make is to purchase a residence. Doing so brings responsibility for mortgage payments, upkeep and maintenance, enhancements. A house may be your biggest asset, and needs to beprotected. It’s not possible to anticipate damages that could arise from wind, rain, hail, even vandalism, but having homeowner’s insurance can provide peace of mind. Get a home insurance quote to determine the coverage you need. While automobile insurance ismandatory by law, homeowner insurance may or may not be required. Having it isoften a condition of obtaining a mortgage since the lender will want safety for their money. In other instances insurance is not required, but is always the sensible choice to protect against loss and harm. A basic home insurance quote will take into account damages that could be incurred from fire, lightning, wind, hail, explosions, vandalism, glass breakage and malicious mischief to name a few, but will not cover flood or earthquake damage. Those will only be insured against through separate policies. Your home insurance quote should provide coverage for thehouse itself and any other structures on the property, as well as for yourprivate property, items like appliances, electronic gear, clothes and valuables that you have in your home. Liability coverage protects you in the event that somebody is hurt on your property leaving you accountable for damages. When you ask for the home insurance quote, be ready to provide information to the insurer on your property: location, square footage, number of rooms, the materials used to construct it and the method used for heating it, and anythingassociated to the homes basic condition. You may also be asked about home insurance claims you have made in the past, as well as your age, occupation, marital status, for facts on your credit history and other personal information. This information allows the insurer providing the home insurance quote to evaluate the risk and give you the very best possible quote.