The purpose of budget insurance is to match your price with your need.
Is homeowner’s insurance one of those policies you should buy from a budget insurance company? That all depends on what value you put on your most expensive personal asset……your home.
Budgeting, might require you to purchase a homeowner’s insurance policy with a higher deductible and less coverage. For example if your deductible is $500 raise it to $1000. Budget insurance is great for quick and short term insurance needs.
Protecting your home is neither a quick nor a short term insurance need. Your home is where you sleep at night, raise your children and either hope to live in at retirement or sell and use the proceeds to fund your retirement. When you put it that way, your home is more than just bricks and mortar, it is an asset.