After finding your dream home, it is now time to protect it and all of your belongings that will be in the new home.  Not all home owners insurance policies are created equal though and the language can be pretty confusing.  The following is a guide on what to look for and how to understand the coverage that you will receive. The Basics of Home Owners Insurance There are many aspects that influence whether your home owners insurance or condo insurance policy is the best policy for you, but the most important thing you need to know is that your insurance policy is only as good as the contract and the wording. As consumers most people tend to focus on the price of the insurance, rather than the value. Because the clauses and language in a homeowners insurance policy can be complicated it can be difficult to understand exactly what kind of coverage you are getting.  Insurance company policies all contain limitations and clauses that c...