What First Time Home Buyers Need to Know About Home Insurance

They say home is where the heart is. That may be true, but home is definitely where your biggest financial investment is. In fact, for most people, your house will be the biggest financial investment of your life. This is a good reason to make sure that your investment is properly protected and insured. At Commerce Insurance Agency, serving Commerce, GA, we take educating our clients very seriously. You can’t make good insurance choices without good information. Keep reading to find out what you need to know about our home owner’s insurance. 

Why Is Home Insurance So Important?

You will invest a lot of time and money into your house. In addition to financial investment, your house is also critical because it is your residence. If your home sustains damage due to fire, natural disaster, or burglary, you need to know that you can afford to repair or replace your home. Home insurance is there to give you this peace of mind. If your home is damaged, you will be able to bounce back financially, and you will have a roof over your head. 

What Does Home Insurance Cover?

Home insurance policies can be customized, but in general, they will cover a few general areas.

  • Property Damage – Property damage is any damage sustained to your home due to fire, a natural disaster, and even burglary. Your home insurance policy will pay for these repairs so that you are not left to pay these costs. 
  • Liability – Liability coverage is an important type of insurance to have if you are going to own property. If someone is injured at your home or on your property, liability coverage will pay for medical expenses or legal expenses that result from the injury. 

If you would like to learn more, please contact us at Commerce Insurance Agency, serving Commerce, GA.