The Home Insurance Policy serves as protection from natural disasters, weather, unexpected damages, and civil disobedience. Should one of these events occur to you and your home, a home insurance policy will help you eliminate any significant financial burden and assist in placing you and your family back on your feet.
The three most important parts of a home insurance policy are:
- Dwelling Coverage – This covers the actual structure.
- Personal Property – This provides protection for your personal items that are not permanently attached to the home.
- Personal Liability – Provides protection against lawsuits arising from occurrences that result in a non-resident being injured on the property.
A home insurance policy can be tailored to meet your needs based on your specific situation including the addition of water backup, identity theft, home based businesses, etc. Combining your home and auto policies with the same company can result in significant discounts for both products.