👉 The insurance quote "home" is a term used to describe the final price at which someone pays for their house. It's a bit of a misnomer because the term actually refers to insurance companies' estimates on how much they'll charge you for your home, rather than the actual value or cost of the property.
A common example sentence using "home" is: "The quote from the insurance company says it'll be about $500,000." This is because the word "home" is used to imply that the quote might actually reflect a certain amount of money, not just a price tag. It's a bit more sinister than you'd expect, but hey, at least we've got some humor in there!
