To answer the question out rightly, home insurance isn’t required by any law, but if you are about to take a mortgage, your lender could insist you purchase one. But if you happen to be one of the lucky peeps who have finished paying off their mortgage, does that mean you cancel your home insurance plan? Absolutely not. Home insurance from All Counties Insurance Agency & Traffic School of Palm Coast, FL can save you from enormous loss.
Here is why you should never go without home insurance.
It protects your home
If you consider canceling your home insurance policy, think about the amount of money you have put into your home. It’s massive, right? Now imagine a fire or hail wiping your investment. Without home insurance, you may have to repair or rebuild your home from scratch. Thankfully, if you have invested in home insurance, such costs are your insurer’s headache.
It cushions you against liabilities
Home insurance can save you on a rainy day. It can come to your rescue when accused of bodily injury or property damage by others. For instance, home insurance can cover medical costs if someone accidentally slips on your swimming pool and sustains head injuries. Besides, homeowner’s insurance can protect you if sued by the victim.
It covers your assets
Your home looks superb because of the assets it has. Your furniture, clothing, fixtures, and electronics transform your house into a home. For this reason, you should take every precaution to protect your assets from risks like theft, fire, natural calamities, and so on. Home insurance doesn’t prevent risks from striking but compensates you when your assets get lost or damaged.
Buy home insurance today!
Home insurance might not be mandatory, but you must have it. It protects you and your assets from numerous calamities. Are you ready to invest in home insurance in Palm Coast, FL? Please get in touch with All Counties Insurance Agency & Traffic School for an affordable quote.