We recently purchased a new home, what do we need to know about fire insurance plans?
Answers | 2
There are different types of policies in each state. In Washington we have 3 home owner policies, Basic, Broad and Special. The prices are similar, but the coverage is radically different between policies. You always want to do a Special form policy, where everything that can happen to your home is covered Except a short list. The other polices tell you what you are covered for, but do not give you the uncovered things that can happen, potentially leaving you uncovered for a loss to your home.