The guide also includes average premium information for ten levels of dwelling, deductible and liability levels and explains what is and is not covered in a typical home insurance policy. "Since lenders require that home insurance coverage be secured before approving a mortgage, it's important to research your options as soon as possible," explains Michelle Megna, editorial director for Insurance.com. "In order to properly protect your most important investment and its contents, it may be worthwhile buying more than the most basic coverage." Megna is available to discuss this home insurance guide and answer questions about how to avoid first-time buyer mistakes.