A home is often the most valuable asset you’ll own, and it will need adequate protection in the form of insurance. Even though you can own a home without insurance, having coverage protects your home from unforeseen circumstances like floods and fires.
Before signing on the dotted line, however, there are several aspects you need to consider first.
Secure Adequate Coverage
Perhaps the most important part of getting home insurance is choosing a policy that provides adequate coverage. Otherwise, you risk major financial loss after a severe storm or event. There are many types of coverage you can choose from, including HO-1, HO-2, HO-3, HO-5, HO-6, and HO-7. HO-1 is one of the more basic policies that safeguards your property from perils like vandalism, theft, fire, hail, lightning, and explosions. Read more on this article: http://bit.ly/2pCpsQu