If you are buying a home, you need to get home insurance as well. First, because it may be required by your mortgage lender. And second, because it is the most effective protection of your dwelling, yourself, and your personal belongings. If you are a first home buyer, you may find it hard to choose the right insurance. For this reason, Cross Creek Insurance serving Hope Hills, NC prepared a list of the most common questions with the answers about this insurance in order to help you make the right choice.
What Does Standard Home Insurance Cover?
A standard home insurance policy covers the following things:
- The structure of your home
- Other structures on your property, including garage, tool shed, and gazebo
- Your personal belongings
- Additional living expenses if your home is temporarily is being repaired and you have to stay somewhere else
- Personal liability
- Valuable belongings (you may need additional coverage)
Is My Home Business Covered By Home Insurance?
Unfortunately, most insurance policies do not cover home business. Your policy may cover the replacement and repair of certain equipment or some other electronic devices that you use for your business, but in general, you will need separate coverage to protect your home business.
What Else Is Not Covered By Home Insurance?
There are some other things that most likely will not be covered by your home insurance policy. For example, damages caused by floods are not covered, even though your insurance will probably cover water damage from a pipe. Therefore, if you live in a flood-prone area, it is recommended to get separate flood insurance.
Cross Creek Insurance – Your Reliable Insurance Agency in North Carolina
If you are a homeowner from Hope Hills, NC or any other nearby town, and you are looking for home insurance to protect your home, yourself, and personal belongings, you should contact Cross Creek Insurance – a trustworthy insurance agency that will be glad to help you find the perfect policy addressing your personal needs. If you have any questions, do not hesitate to contact us.