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.