Sunday, August 14, 2016

How Important is Homeowners Insurance?

How Important is Home Insurance?

When you're shopping for homeowners insurance, some questions may come up. Is home insurance really necessary? What is the value of home insurance? Does it really pay off later to insure my home now? You've probably asked at least one of these questions at some point in your life as a homeowner. But the truth is, insuring your biggest investment is important. Here are some of the key reasons to help you understand why homeowners insurance is so critical. Your lender requires it. Before funding your mortgage or refinance, a lender will ask that you provide proof that your home is adequately insured. Your home is your biggest investment. Unlike cars, which depreciate the minute you drive them off the lot, houses typically increase in value over time. An active home insurance policy brings peace of mind. Home insurance often pays for damage, theft or destruction of your belongings. 

If you're shopping for insurance or want to learn more call JCA Insurance Planners office (703) 291-6332 or visit website at http://jcainsuranceplanners.com

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