1. 1909 POINTS
    HDA Insurance Brokerage
    Director, HDA Insurance Brokerage, California
    The basic definition of Homeowners Insurance is a hazard insurance or fire insurance policy provided for the primary residence of the titled owner of a property.    Banks and mortgage companies simply name all policies 'Hazard Insurance' as the building (dwelling) is the hazard;  many others simply refer to all policies as 'Fire Insurance' as one of the basic perils covered is 'Fire'. 

    The correct terminology of the house insurance for the home you own and primarily reside in is called Homeowners Insurance. The Department of Insurance in all States refer to the Policy Form as a Homeowners Form,  the basic policy form details are provided by the Insurance Services Office (ISO). 

    There is a link providing an online format to obtain a quote and buy home insurance online in multiple States; may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all!   http://bit.ly/1954BTO
    Answered on April 2, 2014
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