Homeowners Insurance Your View. Actual cash value, replacement cost, and extended replacement cost/value. Why do i need a homeowners policy?
Homeowners insurance even helps cover costs if a visitor to your home is injured, or if you damage someone else's property. Protect your most valuable investment. * *to find top agents near you, please email me directly at:
Will my homeowners insurance be cancelled?
Homeowners insurance covers damage related to weather and some catastrophic events. Even if you don't have a mortgage, home insurance is almost always a wise purchase, giving you both property and liability coverage. If you buy a new policy, look through your insurer's information for any discounts for which you might be eligible. Homeowners insurance coverage isn't required by law, but if you have a mortgage, your lender will likely require you to insure the home to protect its investment.