Having insurance on a home is a good way to protect the investment in it. Because a home is generally the biggest purchase a person will ever make, it is vital that they protect it and keep it safe. While it is not always possible to control what physically happens to the home, it is possible to control how much financial damage a problem with the home causes. Insurance is designed to reduce the financial liability and risk to the homeowner, and by doing that there is a higher chance that homeowner will have security and peace of mind in their home for years to come.
For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.
What Does Home Insurance Cover?