{"id":1453,"date":"2024-02-28T22:34:25","date_gmt":"2024-02-28T22:34:25","guid":{"rendered":"https:\/\/www.acceptanceinsurance.com\/?page_id=1453"},"modified":"2024-04-19T13:43:38","modified_gmt":"2024-04-19T13:43:38","slug":"homeowners-insurance","status":"publish","type":"page","link":"https:\/\/www.acceptanceinsurance.com\/our-products\/homeowners-insurance\/","title":{"rendered":"Homeowners Insurance"},"content":{"rendered":"
If you have recently purchased a new home, then you are probably considering whether or not to buy homeowners insurance. Having homeowners insurance is a financially preventative measure that will help you cover the costs of highly expensive repairs to your home and your possessions in the event of a disastrous event. Without homeowners insurance, the cost to repair or replace property and valuables can add up quickly. In addition, homeowners insurance can provide temporary living solutions in the event that your home is unlivable for a period of time. If you are unsure about your need for homeowners insurance or need more info before making a decision, read on.<\/p>\n <\/div>\n \n\n\n
Homeowners insurance protects your home and personal belongings against any sort of damage. It protects anything related to your home such as the property it is located on and the people who live inside of it. Homeowners insurance generally comes with two primary types of coverage: liability and damage. Liability insurance protects your home from injuries that other people sustain while on your property. For example, if someone in your home trips and falls, homeowners insurance can cover the cost of their medical bills. Your insurance policy can also cover any damage to your home by covering all or some of the repair costs.<\/p>\n <\/div>\n \n\n\n
Homeowners insurance can be a financial cushion for your home and your personal belongings in the case of a disaster or liability. If your home is damaged, then it is your responsibility to pay for the repairs, but if you have homeowners insurance, then your provider will be able to pay for its repairs. To begin a claim, contact your insurance provider and explain what damage has occurred. From there, an insurance adjuster will help you assess the damage in order to determine the amount of compensation you will receive. The amount of coverage you receive will depend on your policy limits. Some factors that can affect this are the financial limits set on your policy, the deductible amount paid, and whether you have chosen coverage based on cash value or the replacement value of your home and its belongings.<\/p>\n <\/div>\n \n\n