Homeowners Insurance For the Security of Your Home and Property

The vehicles, furniture, jewelry and family heirlooms that you think you have safely tucked away inside could come to harm at any time due to weather events, crime, or unexpected structural and other issues that you didn't even know existed.

Imagine that your home and property have become the victims of an unfortunate event. Can you really afford to purchase replacement items, conduct necessary repairs and restore your home and property to its former condition out of pocket? If this seems like too much of a burden for you to handle on your own, you will want to read on for some great news.

While you can't predict the unfortunate incidents that may lead to the theft and/or damage of your property, there is something you can do to protect everything that's important to you, and that's to obtain homeowners insurance.

Why Do You Need To Purchase a Property Liability Plan?

Many believe that property liability coverage is an unnecessary monthly or yearly expense. But the truth is that every homeowner should be covered. This is for two reasons:

  • Homeowners insurance is needed in order to protect not only your assets, but protect yourself against liability for any injuries sustained by others while on your property. A driveway wet from a recent car wash can quickly become a nightmare if a visitor slips and sustains injury, and then decides to sue you for their damages. Without coverage, the court costs and any resulting settlements are all on you.
  • If you have a mortgage, then you need this type of coverage in order to satisfy the terms of your lender. Not only that, but revisiting your insurance pricing by getting new quotes once per year can significantly reduce the amount of your policy.
  • By not purchasing your own policy, you're not only completely unprotected, but you also relinquish the control over how much you pay to your lender, who must cover you if you don't have insurance. Should this happen, insuring your home will likely result in the payment of a much higher premium, but with very limited coverage.

 

Homeowner Losses By Claims Severity

 

Discover The Best Way To Protect Your Investment

Comparing home insurance rates is the best way to ensure that your investments are completely protected, and that you are paying the most affordable monthly or yearly amount for your policy. Not conducting research before purchasing a plan could result in paying more for much less coverage than you need.

HomeOwnersInsuranceGeek.com Is Here To Help You

Whether you want to learn more about the different types of property liability plans, need to compare and get quotes from reputable companies in your area, or simply understand the industry terminology, this site can provide you with the information you're looking for.

With just a few minutes here, you will discover just how simple, convenient and easy it is to get the coverage you need without spending more than you can afford.

How To Save 60% Or More As You Compare Companies

By following the tips below, you can save a bundle on the cost of your policy.

  • Eliminate coverage for items that have greatly depreciated or that you no longer own;
  • Install locks and update the plumbing or electrical systems in your home;
  • See if you can get home and auto coverage with the same company;
  • Install safety devices, such as a home alarm or surveillance camera in your home.

Why lay awake at night wondering about the security of your property? All the information you need about property hazard insurance, along with quality companies who can cover you is at one convenient location.

Homeowners Insurance Industry News & Special Reports

Insuring Your Historic Home

Unlike newer homes, an historic home requires special attention. The preservation of the home must be taken into consideration, as well as ensuring that all repairs adhere to modern building codes.

What's Included in Flood Insurance? Get the Facts on How You're Covered

There are several types of flood insurance coverage, including those that protect just a building, just the contents of the building, or both. The maximum coverage for the contents of a building is $100,000 while the actual building coverage can be as high as $250,000.

Compare Home Owners Insurance Quotes the Right Way – Do You Have All the Facts?

The best way to compare home owners insurance quotes is to get quotes from several companies and then decide which one is best for you. This advice may seem simple, and it is, but there's also a little more to it.

Using The Annual Statement To Make Your Decision About An Insurance Company

Many homeowners looking for a better insurance policy will often resort to online resources that allow for side-by-side comparison. While this is definitely a smart way to compare homeowners insurance companies, there is another way, and that is to take a look at an insurer's annual statement.

Should You Purchase Earthquake Insurance?

In virtually all of today's homeowner policies, protection from earthquakes is excluded. So if you live in an at-risk area, you will have to purchase earthquake coverage separately.
Categories: Homeowners InsuranceFinding DiscountsUseful TipsHome Owners Insurance by CityNews