We do a lot to protect our homes each day. Locking doors and windows, investing in security systems, installing fire and smoke alarms, and educating our families on safety are just some of the ways we try to keep our homes safe. Home insurance is also an important way to protect our homes as well. At Stewart & Tucker Insurance LLC, we are here to help you better understand how home insurance protects your home and family in Kentucky.
Home insurance is a special type of insurance policy that will provide money to help pay for repairs or replace your home if it is damaged. If your home suffers a fire or natural disaster, it could cause damage that leaves the home uninhabitable. Paying for the repairs or replacement of your house out of pocket could cause financial hardship on your family that you never recover from.
Home insurance will help pay these expenses, so you don't have to.
Most mortgage companies require that you have home insurance before they approve a loan. Home insurance helps protect the investment that the mortgage company has made in the property.
Each home is different, so there is not a one size fits all insurance policy. To determine the amount of coverage you need, an insurance professional will evaluate the home's value. The value of your possessions in the house will also be valued as well. This information will be used to determine a policy amount.
You need to remember that most home insurance policies do not include flood insurance. If you are interested in flood insurance, be sure to discuss this with your insurance expert.
If you want to learn more about home insurance, please get in touch with us at Stewart & Tucker Insurance LLC, Kentucky.