Buying a house is a very exciting time in life. There are many factors that need to be taken into consideration when you take this big step. Home insurance should definitely be a top priority. At Glick Insurance, serving Greensboro, NC, and the surrounding area, we can help you make the best insurance choices. Keep reading to learn more about home insurance.
Is Home Insurance Required By Law?
Home insurance is not required by law everywhere. There may be some communities or regions that do require this, but in most cases, this is not a legal issue. However, most homes that are financed through a mortgage will be required to carry home insurance. This is for the protection of the investment the mortgage company has made.
Even if you are not required by law or a mortgage company to carry insurance, it is still the single best way to protect your housing stability.
What Does A Home Insurance Policy Cover?
When damage happens to your home, you will be responsible for repairs or the cost of replacing your home. For many families, this would be a devastating financial burden in the event that there was widespread damage to the home or in the event that the home was lost.
Home insurance provides a layer of financial protection so that you know you will always be able to provide a home for you and your family.
Home insurance will kick in if the home is lost or damaged. A claim can be filed if the damage is a result of a fire, wind, natural disasters, vandalism, or indoor flooding.
You should know most policies do not cover naturally occurring flooding.
If you would like to learn more about our services, please contact us at Glick Insurance serving Greensboro, NC, and the surrounding areas.
Home insurance is a valuable type of coverage that is needed by all homeowners. It provides a number of different types of protection for your home and what’s inside it. If you own a home and don’t yet have a home insurance policy, it’s important to get one as quickly as you can. Give us a call now at Glick Insurance in Greensboro, NC to find out more.
Protect Your House
Home insurance offers protection for the house itself, and it pays for repairs that are needed after a serious incident damages or destroys your home. Houses are at risk from a number of calamities and disasters that can cause them expensive damage. If you didn’t have a home insurance policy when an incident happened to your house, you would have to come up with all of the repair or rebuilding funds on your own. Most homeowners could not afford to pay those bills after a major incident affected the house. When you have this coverage, that is taken care of.
Protect Your Possessions
It isn’t just your house that gets protected with home insurance- it’s also everything inside it. Your possessions are also protected with a home insurance policy. This can help to pay for the items that are ruined or damaged during a covered incident. You may not initially think that your items are worth that much, but when you add them all together, it adds up to a significant amount. Replacing everything could be prohibitively expensive, so keep a home policy to cover everything.
Get a Home Insurance Policy
If you are in need of home insurance, we can help. We can answer your questions and get you started with this important coverage that every homeowner should have. Give us a call today at Glick Insurance in Greensboro, NC.
Your home is probably the most valuable investment and possession in life. Therefore, you want to make sure that is properly protected. One of the most effective ways to do it is to purchase home insurance. Even if you think that it is not a necessary expense, most mortgage lenders require homeowners to have it. If you are currently shopping for this type of insurance and want to know more about it, here is the information on what exactly home insurance covers:
What Is Covered By Standard Home Insurance?
Generally, most home insurance policies include the following coverages:
- Dwelling. It covers damage to the building itself, as well as other attached structures, such as a porch for example.
- Other structures on the property. It could be a tool shed, fence, or any other structure that belongs to your property.
- Personal belongings. This coverage pays for the damage or replacement of your personal belongings.
- Additional living expenses. If your home is damaged and becomes uninhabitable, so you have to stay somewhere else for a while, this coverage will pay for your temporary dwelling, food, and gas.
- Liability. If you injure someone or damage their property through neglect or unintentionally, this coverage will pay for the expenses.
- Medical coverage. If a guest or visitor gets injured on your property, this coverage will pay for their medical bills, regardless of who is at fault.
Glick Insurance – Your Safety Is Our Priority
If you live in Greensboro, NC or any other town in North Carolina, South Carolina, or West Virginia and need home insurance to protect your home, Glick Insurance is ready to help. We are dedicated to providing all types of insurance to our clients in Greensboro, NC and other nearby areas, including home insurance. Feel free to visit our website or give us a call if you need any assistance or more information.
Home insurance is not required by the state of North Carolina but it is required by your lender. Even if it isn’t mandated, it is a good idea to protect your major investment. Home insurance isn’t just one type of insurance, it provides a variety of different protections. At Glick Insurance in Greensboro, NC, customer service is our first priority and making sure you get the right insurance at the right price.
Does home insurance cover my personal property?
Yes, contents coverage is included with home insurance. You have two options; replacement cost and actual cash value. With actual cash value, the age of your items is taken into account. With replacement cost, older items can be replaced at today’s prices. Your personal property is covered in your home but also away from home when you travel and have it with you.
Does home insurance cover flooding?
No, flooding is not covered by home insurance. Flood insurance is available for purchase if you need it.
If I get termite damage will my home insurance pay for the repairs?
No, home insurance does not pay for termite damage. As a homeowner, the insurance company expects that you will maintain your home. You are responsible for getting termite prevention treatment and it is considered negligent for you to have insect damage to your home.
If my dog bites someone, will my home insurance pay for medical bills?
As long as your dog is not one of the restricted breeds, home insurance should cover a dog bite. Check to make sure the breed of dog you have is covered.
If I drive into my garage door, is it covered under my home insurance or auto insurance?
Since a garage door is part of your home structure, it is covered by home insurance.
Contact Glick Insurance in Greensboro, NC for all your home insurance needs.
People that are in the Greensboro, NC area should consider becoming property owners as there are a lot of long-term benefits that come with owning a home. If you do have a property, having the right insurance is always very helpful and important. If you do not maintain the right type and level of insurance coverage for your home, you could face a few different risks.
Damage that Will Not is Covered
One of the risks that come with not carrying home insurance is that you will not be covered if your home is damaged. Even if you maintain your home properly, there will always be a risk that your home could be damaged by a fire, bad weather, and other unpredictable events. If this occurs and you do not have insurance in place, you will need to pay for the damages yourself. This can be a significant expense that some may not be able to pay for.
Lack of Liability Protection
Property owners will also enjoy having home insurance as it offers liability support. If you have proper insurance and are named in a liability claim, your insurance plan may provide you with support and financial coverage. If you do not have coverage, you will lose this benefit and will need to pay for any liability damages out of pocket.
Those that live in the Greensboro, NC area and are property owners always need to have proper insurance in place. If you are going to purchase an insurance plan here, speaking with Glick Insurance first is a good idea. As you are looking for an insurance plan, Glick Insurance will give you the support to choose a plan that will protect your home and give you valuable personal liability coverage.