3 Reasons You Need Homeowners Insurance

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3 Reasons You Need Homeowners Insurance
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Protect Your Finances

• A lot of people have homeowners insurance without
  knowing why, but its not just to cover property
  damage or to be legally required to have it. If
  you want to make sure that youre protected if
  disaster strikes, read on for three reasons you
  need homeowners insurance.

Homeowners insurance protects you financially in
case something goes wrong with your home.
According to Zillow, if a fire destroyed your
home, replacing it and everything inside it would
cost an average of 230,000. And if damage from
such a disaster were extensive enough to force
you to move out of your home for more than two
weeks, youd lose another 42,000 or so. Most
homeowners insurance policies offer coverage for
between 100,000 and 300,000 (depending on where
you live), which is enough money to cover a big
chunk of your financial losses from these types
of disasters. By keeping good records of whats
inside and outside your homefrom painting photos
to receiptsyou can also help speed up claim
settlements in case theres a loss.
Protect Your Property
Homeowners insurance will protect your property
and belongings in case something goes wrong.
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Protect Yourself From Liability

• When you have homeowners insurance, should a fire
  or other disaster occur at your home, you can pay
  to rebuild, replace or repair what was damaged.
  If someone becomes injured on your property,
  liability coverage will cover any costs
  associated with an injury. There are several
  reasons why home insurance is so important
  without it, you could lose everything if a
  catastrophe occurs. Protect yourself by
  purchasing home insurance today!
• Whats more, home insurance typically covers
  personal belongings inside your home. This means
  that if they were lost or stolen due to theft or
  burglary, they would be covered under your policy
  as well. Lastly, home insurance also provides you
  with valuable financial protection in case of
  legal problems.

Every homeowner will be sued at some point in
their life. Homeowners insurance can protect you
from legal liability if someone gets hurt on your
property, or if they accidentally cause damage
while they are visiting your home. If someone
sues you and you arent protected by homeowners
insurance, you could be responsible for paying
all of their damages plus court costs and legal
fees. Although most people dont think about it
when they move into a new home, buying a
homeowners policy is a vital part of
homeownershipnot just for yourself but also to
protect anyone else who enters your home as well.
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• It only takes one accident to leave you with
  thousands of dollars in medical bills, not to
  mention any other damages that might occur.
  Homeowners insurance protects you from financial
  ruin should something like that happen. Make sure
  you have enough coverage so that if anything does
  go wrong, you wont have to worry about being
  able to pay for everything out of pocket. For
  example, many policies start at 100,000 worth of
  coverage however, you may want more than that
  depending on how much money your home is worth
  and how many personal belongings are inside.

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Contact Us

• Address 70 East Sunrise Highway Suite 500 Valley
  Stream, New York 11581
• Email wpamph_at_gmail.com
• Phone [phone]
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  homeowners-insurance/