Home damage can leave your family vulnerable physically, financially, and emotionally. Having the proper Home Insurance in place can help protect you and your loved ones from this vulnerability. At Four Oaks Insurance, we know how important it is to have detailed information about your coverage to make a decision. Therefore, we take the time to educate our clients on insurance topics. We offer Homeowners, Renters, Landlord and Mobile home insurance policies. Keep reading to learn more about Home Insurance.
If you have financed your home through a mortgage, the mortgage company will often require that a certain amount of Home Insurance be carried on the home for the life of the loan. If you own your home (completely), Home Insurance may still be required by the region you live in. Home Insurance helps to protect homeowners from unexpected expenses from damage or homelessness.
The amount of coverage that is needed will be different for each family/homeowner. Coverage amounts are determined based on factors such as the house value, the natural disaster risk factors of the area, liabilities of the house, and the value of personal belongings being housed on the property. These factors are different for each family.
The best way to determine the proper amount of coverage is to discuss your options with a licensed insurance representative. These professionals will be able to discuss the factors mentioned above with you so that you can purchase the appropriate amount of coverage.
Homeowners need to understand that Flood Insurance is often not included in basic Home Insurance policies. If you are concerned about flood risks, you will need to discuss this with an insurance representative.
If you would like to learn more about our services, please contact us at Four Oaks Insurance Group Inc., We will be happy to answer your insurance questions today.
