Mortgage lenders generally require that you have homeowners insurance before they will close your home loan.  If you  own your home free and clear, you want to make sure this valuable asset is protected if misfortune strikes. Understanding homeowners insurance is easier than you may think. Here is basic information about:   Homeowners Insurance - 3 Levels of Protection The 6 Most Common Parts of a Homeowners Insurance Policy Things to Consider About Homeowners Insurance Other Coverage You May Need Need Homeonwer Insurance? Compare Free Insurance Quotes Now