HOME INSURANCE

Insurance in general indicates the protection against the damages, which might occur in future. It is one of the category of insurance, under the property insurance .basically, it covers the two main aspects which are losses and damage to an individual's house as well assets in the home .

People confuse the home insurance with the home warranty. But, these are the two different terms. Let us understand the difference between the two. A home warranty is a contract taken out that provides for repairs or replacements of home systems and appliances such as ovens, water heaters, washers/dryers, and pools. These contracts usually expire after a certain time period, usually 12 months, and are not mandatory to have in order to be issued a mortgage. While a homeowner’s insurance does not cover damages that result from poor maintenance or inevitable wear and & tear, home warranty covers such issues.

We always look for the benefits and thus covering this topic without its benefit will be not right. So, let us focus light on the benefits of home insurance .

• Comprehensive insurance coverage to protect your property against damage from fire, smoke, storms, vandalism, theft and other hazards.
• Temporary living expenses if your home is uninhabitable after a covered claim.
• The option to add coverage for valuable personal property, such as jewelry and musical instruments.
• Replacement Cost Coverage that replaces your lost personal belongings with brand-new equivalents of the same quality.
• Optional Coverage: Various optional coverage are available so that you can tailor coverage to suit your needs and lifestyle.

So, hurry up and make your home protected against the damage caused by the future hazards. It will be like a safe zone not only for you, but also for your family.