If you have a car that you regularly drive, the law requires that you buy auto insurance. Homeowner’s insurance is not mandatory, however – unless you have a mortgage that requires it – and many people do not realize how vital it really is to insure their homes. Here are a few facts about how an insurance agent in Denver, CO can help you safeguard your home.
Disaster
When you think of homeowner’s insurance, the first thing that comes to mind might be disaster damage. If your home is harmed by a household fire or if your roof sustains damage from a hailstorm, homeowner’s insurance can help you reclaim your house and your life by covering the cost of the repairs. Some types of insurance can also help replace belongings that are stolen from your home.
There is one caveat with this kind of insurance, however. Most types of basic home disaster insurance do not cover events such as earthquakes or floods. Depending on where you live, you might want additional insurance to guard against these things. Are you residing near a flood-prone river? It’s probably wisest to purchase flood insurance. If the water rises and leaves your home in need of repairs, you’ll be glad you had contacted an insurance agent in Denver, CO for flood insurance.
Liability
The other common kind of homeowner’s insurance protects you from liability. If someone is hurt on your property, this form of insurance can help you deal with the fallout. Accidents happen everywhere, including in your home and on your property. Liability insurance is already required for cars. It is probably wisest to have it for your home as well.
Wherever you live and whatever kind of house you have, there is always a chance of disaster or accident. If your home is damaged by hail or a tornado, insurance can help you put the pieces back together. An insurance agent in Denver, CO can help safeguard your future and bring you peace of mind.
