Your home is one of the most significant investments you will make in your lifetime. You should protect it accordingly. Comprehensive home insurance coverage is essential. Get the essential facts on this valuable protective tool with these frequently asked questions.

5 FAQ About Home Insurance 

What is homeowners insurance?

Also called property insurance, this provides you with compensation for damages to your private residence. Depending on your policy, it could cover everything from break-ins to fires. You can also add personal liability coverage, which protects you if someone hurts themselves on your property.

Why do you need homeowner’s insurance?

Insurance means you don’t have to pay out-of-pocket if disaster strikes. Say you are the victim of a burglary, for instance. If the thieves take valuables like laptops, you could face losses of thousands of dollars. Home insurance covers you.

How do you submit a claim?

Contact your insurance company as soon as an incident resulting in a loss—like a severe storm—occurs. They will tell you what documentation is needed. You will need to provide evidence such as photos and estimates from home repairs professionals to complement your claims report.

How much does home insurance cost?

Various factors determine the price of premiums, including the overall value of your home and its location. Installing protective devices like security systems and storm windows contribute to lower premiums.

Where do you get home insurance?

You can find insurance companies in your area online. Ask multiple companies for quotes and shop around before deciding on one. In Montana, the Commissioner of Securities & Insurance reviews and analyzes all plans before they are sold to ensure they are following state laws.

Flathead Farm Mutual of Flathead Valley, MT, has been providing reliable insurance solutions since 1907. These professionals are known for their trustworthy and honest service. In addition to home insurance, they offer coverage for everything from ranches to farms. Visit their website to view a list of their services. To speak with one of their friendly agents, call (406) 752-7500.