What Is Homeowners Insurance?

Homeowners insurance protects your home and your belongings. An HO3 home insurance policy covers:

  • Your dwelling
  • Other structures, such as your garage, fences, and sheds 
  • Your belongings 
  • Loss of use 
  • Your personal liability 
  • Visitor medical expenses

In exchange for your premium (the price of your policy), your insurance provider pays for certain damages, sparing you from a large bill when disaster strikes.

You typically are required to have home insurance if you have a mortgage. Even if you don't have a mortgage, homeowners insurance is a necessary financial safety net to protect your home.

Let’s see how home insurance works in more detail. If you have a condo or mobile home, skip over here to learn about our condo insurance and mobile home insurance

Your Home Insurance Policy at a Glance

These are the types of protection a typical home insurance policy offers. Click the icons below to learn what each part of your policy covers (and excludes) in more detail.

What Does Home Insurance Cover?


The dwelling coverage, personal property coverage, and other structures coverage in your homeowners policy can typically cover damage to your home, belongings, and garage / shed / driveway caused by:

  • Fire/smoke damage
  • Hurricanes
  • Hail
  • Lightning
  • Theft
  • Water damage from burst pipes and appliance flooding

When one of these events damages your home, property, or insured structured, your homeowners policy from Kin can pay for their replacement cost. Replacement cost coverage offers the amount it costs to repair your home or replace belongings with the same or similar quality materials or items. This kind of payout gives you greater flexibility when getting your life back in order following a disaster.

What Home Insurance Doesn't Cover


Homeowners insurance policies typically don’t cover damage or loss caused by:

  • Earthquakes
  • Flooding
  • General wear and tear
  • Negligence (or lack of regular and proper maintenance)
  • Business liability

To get coverage for flood damage to your home caused by storm surges, you’ll need flood insurance

Understanding Your Home Insurance Quote

Once you enter your address on our site, you’ll get a home insurance quote. The overview screen will display your coverage options.

Our home insurance quote shows you:

  • Coverage for your home and other structures. Your quote displays coverage for replacing your home (i.e., your dwelling coverage) and other structures (e.g. shed, garage, or guest home).
  • Personal property. Choose the amount of coverage for your belongings like your furniture, electronics, jewelry, and clothing.
  • Standard and hurricane deductibles. In coastal areas, homeowners will have both a standard deductible (a flat dollar amount) and a hurricane deductible (a percentage of your dwelling coverage – from 1 to 10 percent).
  • Estimated annual premium. This is the estimated yearly amount you’ll pay for coverage from Kin based on your home’s characteristics and your coverage selections.

Whether you’re a first-time homebuyer or are in the process of moving into another home, our approach to insurance can help you get covered quickly and save money on your insurance.

Enter your address here to get a quote today. We currently only offer insurance in Florida, Texas, Georgia, and Alabama, but we're expanding quickly!

Let's Talk Dollars & Cents

Click the guides below to learn about the cost of homeowners insurance and how much deductibles are.

Learn about Home Insurance Where You Live

Get the scoop on risks specific to your state and how to find good coverage in your area.

Types of Home Insurance Policies

These are the different forms insurance companies use to write home insurance policies. Learn what they mean for your coverage (spoiler: Kin offers HO-3 policies for typical homes).