Facts to Know About Homeowners Insurance

First, let’s dive in to define homeowners insurance.

Homeowners Insurance: is a form of property insurance designed to protect an individual’s home against damages to the house itself, or to possessions in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property.

Many homeowners or first time homebuyers are not completely familiar with what is covered or offered under this type of insurance. Check out 10 tips to help you navigate:

Fact #1: There are different types of homeowners policies

Fact #2: Not every type of damage is actually covered

Fact #3: Some belongings may not be fully covered

Fact #4: Home maintenance really matters

Fact #5: Your credit affects the rate you pay

Fact #6: Insurers may not love your dog as much as you do

Fact #7: You shouldn’t always make a claim

Fact #8: There’s a deadline to make a claim

Fact #9: You need to create a home inventory

Fact #10: You may be missing discounts

You may be surprised seeing these facts but come back all this week and next to find out more about each fact. Or if you’d like, you can go to our website to find out more: mortagelenderfl.com or shoot an email to dtaylor [at] mortgagebizfl.com.