Homeowners Insurance Services

What is Homeowners Insurance?

Homeowners insurance provides financial protection against most natural or man-made disasters. A regular policy covers the property itself and the possessions in it.

This package policy also covers your liability or legal responsibility for any injuries and property damage you or your family members might cause to others. In addition, it includes damage caused by household pets.

The most substantial policies are those that cover damages caused by floods, earthquakes, and poor maintenance. However, you might have to purchase two separate policies for earthquakes and flood coverage. It is the homeowner's responsibility to take care of maintenance-related problems.

Why Do You Need a Homeowners Insurance?

The most important reason is to protect you financially if something unexpected happens to your property or possessions.

A home is an individual’s largest investment and if it’s destroyed by a fire or some other disaster, a large amount of money will have to be spent to repair or replace it. Hence, ensuring it can be a wise decision.

• If a guest in your home is injured, liability protection and medical coverage help pay expenses
• If you are a victim of theft and vandalism, the insurance company will reimburse you for your loss or pay for repairs
• If you have purchased your home on loan, your lender will require insurance

Everyone’s requirements are different, hence, it is important to be aware of what is covered under a particular policy. You must read your policy to know what's included and what’s not! It's also essential to understand that homeowners insurance is meant to cover only unexpected damage, not routine maintenance. 

Questions You Need to Ask Your Insurance Agent

• How much will it cost to rebuild my house and replace my belongings if they are damaged or destroyed? (Ensure you choose a policy based on your home's features and the things you own)
• Does the insurance company have a good reputation for customer service? Is it known for paying claims fairly and promptly?
• What discounts are available? (Ask about security system, multiple policies, and fire resistance discounts)
• What's the process for filing and settling a claim? (Be informed about who to call and what happens after you file a claim)

Get in touch with a trusted agent at Noble Insurance Service for more information on the various homeowner's insurance options available. We have over 36 years of experience in the industry. Same-day appointments and various payment options available.