How Much Insurance Do I Need On My House. Most homeowners insurance policies have a minimum of $100,000 in liability coverage. Home insurance, also known as building insurance, covers damage to the building itself, not the contents inside it like your furniture.
As with nearly all insurance questions, the answer to “how much should i insure my home for?” is—it depends. One way to figure out how much insurance you need is to get a home and contents quote online. Most homeowners insurance policies provide a minimum of $100,000 worth of liability insurance, but higher amounts are available and, increasingly, it is recommended that homeowners consider purchasing at least $300,000 to $500,000 worth of liability coverage.