A St. Augustine home insurance policy protects you against theft and property damage. There’s always the possibility of being burglarized or having your plumbing freeze when it gets too cold. Having homeowners coverage protects you from these type of events. It gives you peace of mind, and you’ll know that you won’t be out a large amount of cash when tragedy strikes.
Protection From Theft
When you own a St. Augustine home insurance policy, it covers you for most personal belongings if they are stolen. The amount you are reimbursed is based on the coverage limits that you choose. If you don’t have coverage and a home burglary occurs, you risk losing the full value of items that are taken by a thief.
Property Damage Protection
Your home is probably one of your biggest assets. If a fire ever occurs, it has the ability to cause a huge amount of damage. The cost of repairing burned areas or replacing your home would be expensive. St. Augustine home insurance protects you from this type of financial loss. You may even be reimbursed for the cost of hotels and restaurants that you spend your money on while waiting for your home to be repaired.
Guest Medical Protection
If a friend is visiting your home, their medical expenses will probably be covered by your policy if they slip on the stairs and break their arm. Typically, guest medical protection covers hospital stays, x-rays, surgical procedures and ambulance rides.
It’s A Mortgage Requirement
If you’re buying a home and need to use a mortgage, homeowners insurance will be required by your lender. This ensures that the property is covered by disasters like fires, floods and tornadoes. A lender would suffer a giant financial loss on their collateral without this type of protection.
If you want to make sure that your home is protected, visit Thompson Baker Insurance at Sitename for more information.
