Have you ever wondered what home insurance is and why you need it ?
Transcript of Have you ever wondered what home insurance is and why you need it ?
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Have you ever wondered what home
insurance is and why
you need it
?
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Home insurance is important if you own your home. Your home is one of the most important purchases you will ever make.
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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.
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Home insurance does not cover floods, earthquakes or acts of war. You can purchase flood insurance or
earthquake insurance separately.
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Home insurance can provide liability coverage.
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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.
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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.