If you have a mortgage, you have no option. In Palm Desert CA, as in the rest of the country, you must have home insurance. If you are renting a house or own your home outright, you may wonder why you should bother.
Advantages
Having homeowner’s insurance is worth it. You need to protect your most valuable investments. Home insurance has the advantage of doing just that. It protects
1. The Home: The major purpose of any homeowner’s policy, it helps to in the aftermath of a fire, flood, windstorm and other similar disturbances
2. Detached Structures: This includes fences, sheds, and similar structures
3. Home Contents: Depending on the specific policy, the company may reimburse you for the loss and/or damage of personal property within the home e.g., appliances, electronics, furniture and jewelry.
At the same time, home insurance:
1. Covers Liability: A policy can pay for medical and legal bills resulting from the injuries suffered by a guest/individual on your premises.
2. Loss of Use: If relocation during repairs or construction following specific covered events is necessary, the policy will cover a certain percentage of the costs.
Purchase Home Insurance
If you are not required to purchase home insurance in Palm Desert CA, you should still consider it. It can prove to be invaluable. Talk to an insurance company or a broker about the advantages of having a policy in place. When disaster strikes, it will do what exactly it is intended – provide you and your home with protection.
