Homeowner’s insurance is important and necessary because it pays for any damage or loss to your home; especially if something unforeseen and bad happens such as your home being burglarized or if a fire occurs. It is important to note that regular homeowner’s insurance doesn’t cover damage from floods or earthquakes. Simply put, homeowner’s insurance protects your property. Home owners insurance St. Augustine policies can help you with your insurance needs.
There are various types of homeowner’s insurance such as: HO-1, HO-2, HO-3, cash value, and replacement value. HO-1 homeowner’s insurance is a bare-bones policy. It provides hazard insurance and liability insurance. HO-2 homeowner’s insurance covers the home, other buildings on the property, personal property such as clothes and furniture and liability insurance. Some HO-2 policies also pay expenses if the owner has to move into a hotel while his or her home is being repaired. See what home owners insurance St. Augustine policies can do for you.
HO-3 is used often because it offers the same features as HO-2 but also protects a home against damage that is often excluded such as a flood, earthquake, or water damage. A cash value policy pays the owner of a home the original purchase price of what was damaged, less depreciation. A replacement value policy covers the cost of repairing or replacing a home or personal items, no matter the cash value or the original price. Home owners insurance St. Augustine can assist you with your insurance needs.
There are many benefits that come with homeowner’s insurance such as your peace of mind, knowing that your investment will be protected. Another benefit is that in most cases you can get a good policy at a reasonable monthly premium. Having a policy that will cover you in areas where you need it, can take away a great deal of stress. Most importantly, homeowner’s insurance allows you and your family to go through a rebuilding process in a timely manner; allowing you to get back to your life. A speedy recovery can save you money and reduce the stress and feelings of loss that tragedy can often bring. Home owners insurance St. Augustine agents can advise you on your insurance needs.
To conclude, homeowner’s insurance is important and necessary. It offers many benefits but most of all it provides peace of mind. Find out more about homeowner’s insurance. Talk with an insurance agent today! Check out home owners insurance St. Augustine companies to see what they can do to help you with your insurance needs.
