Home insurance is an investment for your house. When you have purchased your first home and have taken out a loan for it, your home will be something you will want to protect and defend. One of the best ways to do that is through a home insurance policy. The agents and staff at Higgins & Halloran in Columbia, SC understand the importance of having the correct insurance policy to keep your home safe and sound.
What is Home Insurance and What Does It Cover?
Home insurance is a type of coverage that will replace your home or help pay for the necessary repairs to it if a fire, vandalism, or damage, such as a tornado or windstorm, occurs. You never know what life will throw at you, so it is better to be safe than sorry. A home insurance policy will also cover your belongings, including your furniture and appliances, if one of these situations occurs or if your home is broken into and items are stolen or damaged.
Home insurance will also cover the medical bills and lost wages of a guest to your home who is injured due to some mishap. For example, if someone falls down the stairs of your front porch as they are leaving and they break their arm, your home insurance policy will cover their medical bills and hopefully will allow you to not only avoid a lawsuit but keep the friendship.
Other Coverages of Home Insurance
Normally, your home insurance policy will also cover outbuildings on your property, including your garage and shed, if there is a natural disaster, fire, theft, or vandalism.
If your home were purchased by borrowing the money from a bank, mortgage company, or another lender, you would be required to have home insurance. Even if your home is free and clear, you will want to protect it by obtaining a basic home insurance policy. There are also many other add-ons or policies you can obtain for your home and property, but you can make those decisions with an experienced home insurance agent.
To obtain a home insurance policy in Columbia, SC, call upon the agents at Higgins & Halloran today to get your policy underway. Also, try our online rating tool for a quote from home.