When purchasing a home in Raleigh, Durham, Winston-Salem and the surrounding areas, you will need homeowner’s coverage that will protect your assets. For most, a home is one of the largest investments made and it will need the proper protection to cover not only the home, but its contents. Whether you own a home, condo or rent, we can provide you with proper homeowner’s insurance, which offers you financial protection, in case of an accident or disaster, not including flood or earthquake.
Let us look at the benefits of getting homeowners insurance:
Homeowners insurance protects homeowners from damage and losses caused by storms, fires and burglaries. A homeowner’s policy typically covers part or all your financial losses. When looking for homeowner’s insurance, understand that there are four main parts of any insurance agreement.
Individual Property Coverage
This covers the interior and exterior of the actual physical structure of the home. This includes plumbing, electrical wiring, central air conditioning and heating systems.
If someone gets hurt on your property and sues you, this will cover some or all of their medical costs. It also covers your guest’s personal property while they are at your home.
Loss of Use Coverage
If you are unable to live in your home due to extensive damage, loss of use will cover your cost of living and any transportation expenses you incur, while your home is under repair.
While buying property holders’ protection, it’s critical to check if you are in a flood zone. Flood insurance isn’t part of standard insurance contracts. The Insurance Center of Durham can assist you with obtaining the best flood protection, if necessary. Contact us at 919-471-2541 if you live near Raleigh, Chapel Hill, Cary, Wake Forest, Morrisville, NC, or Durham areas.