Homeowner’s insurance is essential for protecting your investment. A homeowner’s insurance policy from Express Insurance will safeguard your Longwood, FL home against wildfire, theft, vandalism or other unforeseen catastrophes. Before purchasing home insurance, however, consider the following factors.
If you have a mortgage on your home, your mortgage company may require certain types of insurance coverage. Most lenders require that homeowners have property coverage to protect their investment against damage or loss. As Florida is prone to hurricanes, you may also be required to have flood insurance to cover flood damage.
Besides the requirements, you can choose whatever coverage you feel necessary to protect your home and personal property. Take time to assess possible risks to your abode and talk to your agent about coverage options. Make sure you have sufficient coverage to protect your assets. Lack of coverage could result in your paying thousands of dollars for repairs out of pocket if you’re hit with a major catastrophe.
When putting together your home insurance package, don’t forget liability coverage. Liability insurance pays for accidental injuries to guests on your property. If you entertain often, have a pool or own a dog, you face a greater risk of accidents. Liability coverage is a must to protect your interests.
The property limits on a standard homeowners’ policy may not cover the cost of replacing pricey jewelry, family heirlooms or posh artwork. To protect these items from theft or loss, you may need to purchase a rider.
By opting for a high deductible, you can save money on your homeowner’s insurance policy. If you take good care of your property, you can avoid making claims until you suffer a major disaster.
For help in selecting a homeowner’s policy to suit your individual needs, contact an Express Insurance agent in Longwood, FL.