A homeowner's policy also protects your assets within the home. Be sure to include adequate protection and take inventory of high dollar items such as jewelry, collectibles, furniture, and expensive clothing.
A good homeowner's policy should also include liability coverage of at least $100,000. This simply covers you in the event that a neighbor hurts themselves in your home or yard or if your dog destroyed the neighbor's yard… This can also be very important if you own a trampoline or swimming pool. If your risk is a little higher, consider increasing your liability coverage.