Before signing anything, or even talking to an insurance agent, get to know first your house, its environment and where do you actually reside. Basic HoI plans cover fire damages and lightning damages, it’s considered basic because fire can be anywhere and it can even affect a stone house. By knowing your house, you have to nuance your insurance plan to your house. If you are residing in a flood prone area, might as well add that in the provisions of your plan. And take things that are very unlikely to happen in your area such as damages due to a riot or other events that could possibly tear your house down, but the possibility is just low.
Coverage can also extend to personal loss of property or even the life of people within the household (assuming that something happen inside the home). But if you have these covered prior to the home insurance, might as well exclude those from your plan.
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