What is Home Owners Insurance

Your home is one of the most important purchases that you will make. It’s a place where you and your family will spend most of your time. Home owner’s insurance is an important part of your home, but what is it? In this article, we are going to take a look at home owners insurance.

Homeowners insurance is a form of insurance that will lower the cost of any damages that may occur to your house. Just like other forms of insurance, it requires that you pay a monthly fee.

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One aspect of this insurance is dwelling coverage. Dwelling coverage is in place to protect your home from anything that might be stolen, as well as, disasters that might occur. An example of a disaster would be a fire.

The first part of dwelling coverage that is important to know is the deductible. The deductible is the amount of money that you pay before the insurance company helps out by paying the rest. A limit is a little bit different and it is the maximum that the insurance company will cover you should you ever need it.

All in all, if you are looking to keep your home safe from any happenings outside of your hands, homeowners insurance is the way to go.


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