Comprehensive Coverage for Your Home

1. COMMON HOME INSURANCE MYTHS DEBUNKED Home insurance is pretty much an essential safety net, as it protects people's property and belongings from unexpected damages. However, many homeowners continue to fall prey to several common myths that mislead them regarding what their policies cover. Myth 1: Home Insurance Covers Everything One of the biggest common misconceptions is that any standard home insurance policy covers any type of damage. Even if it protects against the most usual perils, such as fires, robbery, or some natural disasters, it does not cover everything. This is because flood damage and earthquake coverage often require separate policies. A homeowner should check his policy to fully grasp what is covered and what is not to prevent surprise confrontations. Myth 2: Personal Belongings Are Fully Covered Many assume that every single thing in their house is covered by a regular householder insurance policy, which is not true. Some limits apply to a few pieces of high-value items like jewelry, art, or electronics. In most cases, basic homeowner's insurance coverage will not be sufficient for those valuable possessions, and owners need to seek additional coverage or endorsement.

2. Myth 3: People Don’t Need Home Insurance If They Pay Off Their Mortgage Almost everyone thinks after they have paid off a mortgage, that is it—they do not need homeowners insurance. However, even when individuals fully pay for their cottage, they will still require it to protect and prevent losing money in damages or liability claims. For example, they will have to repair, rebuild, or pay for an attorney without getting reimbursed, which would financially cripple them. Know the truth behind some common myths about policies, and folks will make the right decisions on the coverage. Don't assume everything is covered or that they go with no protection when their mortgage is paid off. Review their home insurance in Raleigh regularly, add any necessary endorsements, and they will be sure they are protected in case of life's accidental events. Persented by Contact us: 919-480-0269