Monthly Archives: | August, 2018

Some Things to Keep in Mind When Shopping for a Home Insurance Policy

Home insurance is one of the most important types of insurance, covering damages to a private residential property as well as any liability claims that may arise from the same property. In some ways it is like auto insurance, because a single premium covers both kinds of risks. Unlike car insurance, however, homeowners insurance also need to cover damage by natural disasters like flooding and hail as well as accidents like fires and explosions. Damage due to natural disasters is not covered by most standard home insurance policies and coverage must be purchased separately by the homeowner. What does home insurance cover? Home insurance is also often known as homeowners insurance and covers private residential property. Somewhat like automobile insurance, it covers damage to the property as well as any liability issues arising fr