Have you recently purchased a new home? If so, homeowners insurance is a must if you want to protect your most important investment. Beyond the fact that your mortgage lender might require a policy covering your house, the benefits and peace of mind you’ll gain are well worth the cost. Below are three important reasons homeowners insurance should be a part of your overall coverage plan.

Why You Need a Homeowners Insurance Policy

1. Your Investment Is Protected

Most homeowners rightfully value the effort, time, and money they’ve put into their home. However, it’s easy to overlook that those investments can be taken away in a disaster. Homeowners insurance protects your investment and personal belongings if you’re the victim of fire, storm damage, vandalism, or other costly destruction. 

2. Your Liability Is Reduced

It’s important for new homeowners to understand that they are liable for whatever takes place on their property. Regardless of whether a postal worker slips on some ice or a neighbor’s child falls in your yard, if it’s on your property, you can be held accountable. If something unfortunate happens, the liability portion of your policy will kick in to provide coverage if you are sued. 

3. Your Mortgage Lender Requires It

If you have a mortgage, most lenders will require a basic homeowners insurance policy. Until you pay off your mortgage in full, they have a vested interest in its security. Therefore, the burden to protect it falls on you. If you fail to purchase a policy on your own, some lenders will initiate a policy in your name and add the monthly payments to your mortgage.  

If you’re a new homeowner, it’s imperative to protect your assets with a homeowners insurance policy. Blocker Insurance Agency has been providing quality insurance products to Cleveland, GA, and the surrounding communities since 2008.   Their experienced agents specialize in finding just the right policy for your unique needs, and since they’re an independent agency, they can seek out the best coverage and rates for you. Call them today at (706) 865-1072 or visit their website for more information.