Why do I need homeowners insurance?
Homeowner’s insurance is usually required by mortgage lenders when you purchase a home. It covers your home and personal property in the event of damage or theft. Many homeowners’ insurance options are available, and should be considered beyond the basic required policy. Peoples First can provide you with a free homeowner’s insurance quote today.
If you are getting a mortgage on the property it is a requirement of the lender that you have insurance on the property. Insurance will need to be obtained as soon as possible. Paid receipts are to be faxed to our office. If you are purchasing a condo, townhouse or villa please check with your Homeowners or Condo Association to see if insurance is included with the dues.
Protect your Home, Protect your belongings, and Protect the assets you’ve worked so hard for! • Dwellings and other structures – For most of us, our home is the single, largest investment we will make. Homeowners insurance provides coverages for damage to your home and other structures on your property such as a shed or detached garage. • Personal Property – Homeowners insurance also provides coverage for your household contents and personal belongings. You may think your couch, coffee table, sweaters, shoes, coats, TV, VCR and CD player aren’t worth a lot but those items all add up. • Personal Liability – Finally, in the event someone is injured on your property or you damage property that belongs to others, you could be held legally liable for the injury or damage. A homeowner policy provides liability and personal property insurance to financially protect you should this ever occur.
