Home Insurance

If you were like me several years ago, home insurance was never a main thought. It was in my escrow, and was automatically renewed each year. If my payment did not go up much, I never really paid attention. When I got into the industry, one of the first thing I did was look at my coverages. What I found was that I was severely under covered. We purchased our home before Covid and the coverages were probably okay during that time. But as we all know, inflation hit pretty hard during that time. If something drastic had happened to our home, we would have had to come out of pocket thousands of dollars. We want to make sure that you understand your options and make sure you are covered if something happens. 

Why Home Insurance Matters

Home insurance is a crucial investment that safeguards your property, belongings, and financial stability in the event of unforeseen circumstances. Here are some key reasons why having home insurance is essential:

1. 1. Property Protection: Home insurance provides coverage for the structure of your home against various perils such as fire, storms, vandalism, and more. It helps you repair or rebuild your home if it’s damaged or destroyed.
   2. Personal Belongings: Your personal belongings, including furniture, electronics, clothing, and more, are also covered under your home insurance policy. This ensures that you can replace or repair your possessions if they are damaged or stolen.
   3. Liability Coverage: Home insurance offers liability protection, which covers you if someone is injured on your property or if you accidentally damage someone else’s property. This can help you avoid costly legal expenses.
   4. Additional Living Expenses: If your home becomes uninhabitable due to a covered event, your insurance can cover the cost of temporary accommodation and other necessary living expenses.