8 Reasons Why You Need To Buy Home Insurance

​Buying home insurance is an important decision for any homeowner. Home insurance helps protect your most valuable asset and provides financial security during a disaster or accident.

Refraining from disregarding the importance of home insurance is common for many homeowners because it is easier to neglect it than to face the possibility of a natural disaster or accident. However, here are ten compelling reasons why you should seriously consider purchasing home insurance:

1. Natural Disasters
   Natural disasters can strike without warning. That is why homeowners must protect their property from possible future damage caused by natural disasters like floods, tornadoes, hurricanes, earthquakes, and other extreme weather events. 
   
   
2. Personal Liability
   Unfortunately, accidents happen at the most unexpected time. Homeowners need to be prepared for the financial consequences that can follow. Home insurance protects personal liability from unforeseen accidents, like an injured person in your home or a pet that causes injury to someone else.
   
   
3. Theft and Burglary
   Homeowners should remember theft and burglaries when considering home insurance. Theft and burglary are a reality for many homeowners, and home insurance can provide financial protection against these mishaps.
   
   
4. Rental Protections
   Homeowners who rent out their property can benefit from home insurance to protect them in the event of tenant-related issues, such as nonpayment of rent or damage to the property. Home insurance policies typically include rental protections to help homeowners recoup their losses.
   
   
5. Legal Protection
   Home insurance helps protect homeowners from lawsuits for accidents or injuries on their property. Home insurance policies typically provide legal protection in the event of a case and can help cover legal fees associated with defending the suit.
   
   
6. Fire-Related Damage
   Fires are unpredictable and can cause extensive damage to homes. Home insurance policies typically cover fire-related damage, including smoke and water damage, and the home's cost of repairs or rebuilding.
   
   
7. Living Expenses of Losing a Home
   Home insurance policies can also provide coverage for living expenses if the home is destroyed and the homeowner needs to find temporary housing. This coverage is invaluable for homeowners who have lost their homes due to a disaster or accident.
   
   
8. Affordable
   Unlike the most common myth about home insurance, buying a policy to protect your home is relatively affordable. Home insurance also provides peace of mind knowing that you are financially covered in the event of an accident or disaster.

Protect Your Home Now!
Take the time to research and find the right home insurance policy for your needs. Don’t wait until it is too late and you are faced with a financial burden that could have been prevented. Protect your home now by investing in a quality home insurance policy.

At McClain Matthews Insurance, we put our clients first by offering them policies that they can afford. Insurance is a necessity nowadays, and we're here to help you. Learn more about our products and services by calling our agency at (317) 298-7500. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!