When you shop for a homeowners insurance policy in Phoenix, AZ, you look for complete coverage at the best price. Correct? How do you know if you are getting the best coverage for the best price, though? Trust matters. An independent agent will earn your trust by guiding you to understand the value of homeowners insurance for your circumstances.
What is Homeowners Insurance
Suppose you are buying a house and apply for a mortgage. In that case, chances are pretty good that the lender will require that you have adequate homeowner’s insurance. Even if no lender is involved, your home is a considerable investment, and insurance will compensate you for covered losses. The three main areas homeowner’s insurance covers are:
- Repair to the house, yard, and other structures on the property
- Repair or replace personal belongings
- Cover personal liability for damage or injury to someone else on your property
If there is no mortgage, you may not be required to have homeowner’s insurance, but without the proper insurance, you are personally responsible for any losses.
Protecting Yourself Where You Live
In addition to homeowner’s insurance, you can protect your property with these types of coverage:
- Renters insurance
- Landlord insurance
- Condo insurance
- And more
Click the link below to discover how best to protect the things you own.