Most homeowners have a home insurance policy that covers their house and other property, but do you have to have it? Home insurance in Adrian, MI isn’t required by law, but it does provide you with some very attractive benefits that you’ll seriously want to consider.
Required for Your Mortgage
Even if you don’t think homeowner’s insurance is a necessity, your bank will. Most financial institutions won’t lend money for a house unless they know that it will be covered by insurance. They’re protecting their investment. In case of an unfortunate incident such as a fire or natural disaster, they want to know they won’t lose money. If you decide to refinance, you may be asked to show proof of homeowner’s insurance.
It Covers More Than the House
Homeowner’s insurance will cover attached structures like the garage or a deck too. It’ll even cover things like your fence or a shed. Best of all, homeowner’s insurance will cover all of your personal property from theft or damages. This includes your electronics and furniture.
While nothing says you have to have home insurance in Adrian, MI, you will want to seriously consider having it. Your home is one of your biggest investments. You want to protect that investment so that you can one day get a wonderful return on it. Even if you never sell, you’ll still want to enjoy the peace of mind that comes with home coverage. Visit Kemnar Iott Benz at kemneriottbenz.com to learn more.
