Whether you're one of those lucky buyers or a current homeowner, it's a good time to review your homeowners insurance. Our recently-published survey of readers found more than half of those who'd been with their insurer for four years or less found less expensive coverage with their new carrier.

But new buyers may be surprised at what's covered and not covered. You're not likely to get coverage anymore for dog bites or mold. And you may be on the look for a larger deductible in the event your home is hit by a wind storm. Click here for more on the coverage quagmire, and for our Ratings of 16 homeowners insurance groups.–Tobie Stanger