Homeowners Insurance

Anyone who owns a home should have homeowner’s insurance. It’s a wise investment that provides insurance coverage for your home. When you have this coverage, you can get financial assistance when a fire or some other mishap befalls the home.

What is Homeowner’s Insurance?

In exchange for a monthly premium, you receive insurance coverage for your home. Much like auto insurance, this policy provides financial assistance in your times of need. Most policies cover damage from fire, vandalism, and theft. But for flood damage you’ll need to purchase separate flood insurance. Coverage is recommended for all homeowners, especially those who have a mortgage.

Basically, this insurance protects your investment in your home. You’ll receive financial assistance to pay for things such as repairs that may be too much to handle on your own. Instead of risking losing your home or living in a bad situation, your insurer will help.

Types of Coverage
You’ll need to check with your insurer to see exactly what’s covered in your policy. Homeowner’s insurance doesn’t typically cover flood damage or earthquake damage. For those incidents, you’ll need to purchase separate policies. The policy also doesn’t usually cover upgrades to the home, but it will pay for repairs.

The best thing about homeowner’s insurance is getting financial help when you need it. Speak with an insurer today to learn about your insurance options.