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Your home is your castle. It is your sanctuary where your most personal and valuable assets reside. Not only is your home an investment in your financial future, it is an investment in your personal taste and lifestyle. Some say home is where you hang your hat. But for others home is the ONLY place to hang your hat. A house is merely a structure standing on some land, but you make it a home. Since you value your home as a financial investment, as well as the place to raise your family and develop your lifestyle, you need to protect that investment. Houses can be solid, made of brick, wood, and mortar. But it can also be gone in mere minutes. Homeowners insurance provides a low-cost way of making sure you are able to protect your home and your serve a financial need. Memories and valued possessions can never be replaced, but with homeowners insurance you can be sure that if nature displays its power or accidents happen in your home, you will have the means to restore your living needs and cover your financial losses. Liability – Most homeowners will not encounter a fire loss to their home. But many do face legal charges and financial responsibility for accidents or injuries that occur in the home or on the property. With liability coverage you can be sure that the insurance company will be there to help pay your financial losses without having to sell your home or other assets. Hazard – Fire. Flood. Hail. All these and other destructive forces can cause damage and possible total destruction to your home. When you own a home it is vulnerable to the elements. Nothing is completely immune to nature’s forces. Be sure you have a homeowner’s policy that will pay for repairs and even replace your home in the unlikely and devastating case of home damage. Personal Property – Did you know that every year over 10% of households will suffer theft or burglary? You can take measures to keep your home safe from theft, but in case your valuables are ever lost or stolen a good homeowner’s insurance policy will assure that you can replace those items. When looking for affordable homeowners insurance it is important to request quotes from many insurance providers. Those who shop around for their home insurance tend to find the best deals available for their home insurance market. Home insurance costs depend largely on the location of the home, how susceptible it will be to natural disasters, like hurricanes and earthquakes, as well as other factors. Homeowners can typically save by increasing their deductible to a manageable rate. Others find affordable home insurance by taking advantage of loyalty programs offered by insurance companies – they buy both their home and car insurance from the same provider. Many affordable home insurance companies compete with rates, so the best avenue would be to obtain quotes from many different sources. Underwriters for home insurance policies take into account different risk factors. The common home insurance policy covers most risks a home will encounter. Home insurance typically covers explosions, riots, wind, aircraft, fire, lightning, volcanic eruptions, auto accidents, vandalism, theft, smoke, and structural accidents. Home insurance policies can be strengthened by adding additional underwriting for flooding, earthquake and other types of water damage usually for additional costs. Different types of homes call for different policies. A condo insurance policy would only insure the interior structure and cosmetics of the home, because the home owner's association could take care of the exterior through a different policy. Most homeowners insurance policies cover the basic risks but can be extended to cover more incidents, like snow, rain, or interior water damage, like broken water pipes. It's best to know exactly what your home insurance policy does cover, so you protect your assets. Affordable-Home-Insurance. “Affordable Home Insurance - Get Fast, Free Quotes.” 17 Feb. 2010 [https://www.affordable-home-insurance.org/]. Get Insurance Quotes. “Get a free Home insurance quote.” 17 Feb. 2010 [http://www.getinsurancequotes.org/].
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