What is a homeowners policy?
Frequently Asked Questions with Ashley: Episode 04: What is a homeowners policy?
A homeowners policy is an insurance policy that is put into place when you purchase a home! Often times, homeowners insurance is required by a lender when you have a mortgage on your home, and it’s such a wonderful and important policy to have. This way, your home is provided with a certain amount of protected coverage in case any unforeseen damages occur, and you need funds to repair or rebuild your home. Some examples of damages and/or events that homeowners insurance typically covers can be a flood, severe winds, a fire, theft, a falling tree, and other things of that nature!
Have additional questions on the ins-and-outs of homeowners insurance? Give our team a call, today! We’d love to chat more about the importance of this policy, when purchasing a new home!
Make sure to follow us on social media to see what FAQ’s Ashley answers next week!
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Delaware Associate Broker, Maryland Licensed Realtor | RS- RA-0031206
+1(302) 841-4200 | ashley@bethanybeach-homes.com