Responsible homeowners need to make sure their assets are protected.
If you have a mortgage on your home, your lender will require you have insurance until the loan is paid off. Lenders may legally force borrowers to carry insurance to cover the amount of the mortgage.
In addition, going without insurance puts you at risk for life-altering financial loss. If your home and everything in it is destroyed, could you afford having to just start over? Anyone who has experienced the loss of a home would tell you how critical it is to have coverage in place.
Home insurance policies also provide liability coverage in case someone in your household is responsible for bodily injury to others or damage to their property. Liability coverage helps you protect your personal assets from costly lawsuits and can be increased as your assets grow.
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