Post on 29-Dec-2015
Have you ever wondered what home
insurance is and why
you need it
?
Home insurance is important if you own your home. Your home is one of the most important purchases you will ever make.
Home insurance covers certain events like fire and some natural disasters. Your home insurance usually covers what it would cost to rebuild your
home after such a disaster.
Home insurance does not cover floods, earthquakes or acts of war. You can purchase flood insurance or
earthquake insurance separately.
Home insurance can provide liability coverage.
If you injure someone, they are hurt on your property, or you damage someone’s property home insurance may cover legal
expenses and medical bills.
Many mortgage companies require that you have home insurance. Looking for your
own home insurance company will ensure you get the one with the lowest rates.