Home Insurance
They say home is where the heart is. If that is true, then you will want to do everything you can to protect your home and the investment you have made in it. For most people, their house will be their most significant purchase. A solid home insurance policy is the best way to keep this investment safe. At Clive S O Abrams & Associates LLC, we are here to help you make the best insurance choices for you and your family. Keep reading to learn more about home insurance.
Why Do I Need Home Insurance?
If you purchased your home through a mortgage, the mortgage company would likely require that you carry home insurance as part of the terms of your mortgage. The home insurance policy protects the money that the mortgage company has invested in the home.
If you do not have a mortgage on your home or home insurance is not required, it is still a wise financial move to keep home insurance in place. The home insurance policy will pay for repairs or replacement of the home should it be damaged. Without this critical protection, you and your family could be in a vulnerable position should the house be damaged.
What Does Home Insurance Cover?
Home insurance policies can be customized to fit your family's needs, but in general, a home policy will cover the following categories:
- Property damage- If the house is damaged because of a fire, natural disaster, burglary, or other causes, the policy will pay for repairs or replacement of the home.
- Liability- If someone is injured at your home or on your property, the insurance policy can pay for any expenses incurred by the incident. This is a crucial way to protect yourself from liability in these situations.
If you want to learn more about Georgia's home insurance, please contact us at Clive S O Abrams & Associates LLC.
