What is Home Insurance For?

• Property Damage - By far the biggest claim maker, this includes damage to your house and any structures on your property due to water, fire, storms, etc.
• Natural Disasters - Homes devastated by events like floods and earthquakes are usually not covered by basic plans. You may need added coverage or a separate policy to keep your goodies protected.
• Personal Property Coverage (AKA your stuff) - This will depend on the policy. Items like furniture may only be covered up to a depreciated value, but stuff like your bling might not have any coverage and will need additional insurance.

But what about?

• Standard Home Liability - You need to be  covered financially if someone is injured or their personal belongings are damaged while on your property.
• Extra Money for Living - If your house is too messed up to live in while it’s being repaired or renovated, your policy can pay for a hotel and other living expenses, like groceries.
• Personal Property (AKA your stuff) - Depending on the policy, items like furniture may only be covered up to a depreciated value, but stuff like your jewelry might not have any coverage and will need additional insurance. We can help you sort it out.

Do I have to have Home Insurance?

There's no law that requires you to have homeowners insurance, but most lenders require a policy in order to give you a loan. They need to ensure that your policy will cover or exceed the amount you owe on the loan.