Hi, My Name's Liesel

If you're about to purchase a home, you'll be making a big investment. This can be an exciting time and you're likely looking forward to getting settled into your new space. You don't want to forget all of the important details as you make your way through the home-buying process. One of the essential needs that shouldn't be ignored is purchasing homeowners insurance. This coverage can protect you if your home is damaged or a disaster strikes and your home is impacted. Here are the reasons you need to buy homeowners insurance.

Protect Your Home

You never know what disaster or incident may happen in the future. If your home is harmed, you can use your homeowners insurance to get benefits to pay for repairs or even a replacement. 

Protect Your Personal Belongings

Your home is not your only investment. Chances are you have a lot of personal property inside of your house. Things like clothing, furniture, electronics, and other items can be very costly to replace. With the use of homeowners insurance, you can replace these items. 

Without It, You Can Lose Your Home

If you choose not to purchase homeowners insurance coverage, you'll be in a very difficult spot. You may lose your entire home and investment and will have to start completely over. This can be devastating for you and your family to be homeless. Don't make this situation a possibility and get coverage. 

Your Mortgage Lender May Require It

Many lenders require that homeowners purchase this coverage. They won't lend money if a policy isn't bought. You want to make sure that you meet the rules that are in place, so shop around for the coverage that satisfies your lender's requirements. 

Pay for Injuries When Accidents Happen

If you ever have guests or neighbors over at your home and they get injured while on your property, you will be responsible for their injuries and medical care. The good news is you can use your homeowners insurance to cover these costs so they can get the help that they need without you going bankrupt or struggling to come up with funds.

You need homeowners insurance. It may feel like an optional expense right now, but it can really pay off down the road when you're in an unfortunate situation. Contact a home insurance company to learn more about their coverage options and to get a quote for your new home.