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homeowner insurance


Because your home is a special place where you and your family can relax while feeling secure. We know that buying your first home comes with plenty of overwhelming responsibilities. So, if you’re planning a big investment, homeowner insurance is exactly what you need to maintain and protect what you already have and gain a sense of security. For those who want to avoid the risk of a huge financial loss in the event of a tragic event or even natural disasters, homeowner insurance is what they need. Protecting your home should be a vital aspect of your investment plans. When it comes to your family’s future and safety this should be necessary, but as other huge investments in your life, this requires planning and patience.

Dwelling Coverage

The best thing about homeowners insurance is that even though something happens to your home, you can avoid huge repair costs. It might take the burden off your shoulders knowing that your home insurance can cover the costs of repair or rebuilding after a natural disaster or a burglary. Sometimes such events are unavoidable therefore looking for signing with the right insurance company is the wisest decision you’ve made. 

It depends very much of the place you live, a reason why you should know what type of insurance you actually need. If you live in Florida, then you’ll be more likely to encounter hurricanes, sinkholes or flood damage. You should consider wind insurance in Florida if you want to assure your family’s safety and peace of mind when it comes to their future. Ensuring your home for such disasters is what you can do best if you want to avoid huge financial losses. 

Other Structures 

Another great aspect of home insurance is that not only your house is covered, but other structures on your propriety too. Because everything can be possible at some point signing homeowner insurance is a smart move. It doesn’t matter if you have a backyard fence, a tool shed, a swimming pool or a detached garage, signing other structures coverage, will cover a fragment of the insurance you have on your dwelling, which is usually 10% of your total coverage. It doesn’t matter where you live as long as your goods and structures are insured. Having your garage covered will make you feel much safer in the event of a natural disaster or robbery.  

It Covers Your Personal Belongings

Because we all valuable items in our home, being afraid of unexpected future events it’s not a solution. Homeowner insurance will protect your goods such as electronics, clothes, fine art pieces and jewellery you certainly don’t want to lose. Before anything, the smartest move would be to plan an inventory. Whenever you sign insurance you want to be sure they pay you fairly for whatever you’ve lost. After an unfortunate event, you should make a list of every valuable item and validate the value of that loss. Your insurance company wants to make sure you’re honest about you loses and their value therefore, the following steps might help you build an idea on what you can do. 

  • Collect all your available receipts or cancelled checks that prove the value of your items. 
  • Most important, create a list with every damaged item and the degree of damage of each possession. You can even photograph or videotape the damage.
  • If possible, collect every surviving photo or video taken with your valuable goods before the damage.

Protects your Liability 

Having liability protection on your home insurance is considered by many a smart investment. Anything can happen on your propriety, maybe the neighbor slips on your icy stairs or maybe your dog bites the mailman. These small unexpected events may cost you more than you think, a reason why you should consider signing home insurance. This will help you cover your essential medical expenses, lost wages and legal fees. This will even allow you to preserve your house equity. Whenever you plan to make renovation and upgrade something in your house, the value of your home will increase. If you wish to protect your investment you should consider this liability protection as being a smart move. 

Additional Living Expenses 

Additional living expenses are an important part of your home insurance policy. It is perfectly developed to help you overcome financial loses and stay safe while your house is under repairs after a disaster. It covers restaurant and hotel bills and even the moving costs you encounter after an unexpected event. This additional living expenses will offer you great comfort in trying times. 

Your Lender May Require It

Even though you don’t have a proprietary yet, planning to invest in home insurance may offer you plenty of benefits. Given the unexpected events, more lenders require proof of your insurance. This should be a necessary move because it protects your home from damage caused by natural disasters, robbery or fire. In case you don’t have insurance, your lender can buy one on your name. But as you probably know, this will add the costs on your monthly expenses. Homeowner insurance will not cause a hole in your budget if you find the option that’s right for you. In most cases, its value adapts with the quality so this will offer you huge satisfaction. 

Because it doesn’t matter if you’ve just bought a house or you’ve just rented, insuring your home it’s a necessary investment. Just thinking about a catastrophic event like a tornado or a fire can be a nightmare. Those who already experienced such unfortunate events know very well what it takes to endure all those repair costs. Fortunately, these things can be avoided if you plan to invest in home insurance. This should be a wise decision if you wish to ensure your financial stability and your family’s safety. Having homeowner insurance will offer you’re a sense of comfort regarding your future and it will take a burden off your shoulders. 



Whether you’ve done it before or not, buying a home and planning a family move is a stressful time. The cost of rent is skyrocketing all over the country, forcing more and more families to reevaluate the next move they make very carefully. Many potential homeowners are looking at condominiums and town houses as possible substitutes for the traditional single-family home as they are smaller, more modern and will often have group associations that take care of chores like maintenance and landscaping.

The typical family home is no longer the norm, which makes a lot of room for alternative housing that is still just as valuable to the buyer and the overall family experience. Let’s take a deeper look into condos, town houses and single-family homes and weigh the benefits of each.

Image source Flickr


Depending on where you’re looking, you can usually find condos marked at a much lower price-point than single-family homes. They also usually come with desirable amenities that would not typically be affordable for an individual home owner, such as a swimming pool, golf course, or fitness center. Often even the physical location—if it is on a beachfront or close to a ski-resort—can be huge draws.

However, it’s important to note that condos do not appreciate in value at the same speed that houses do. When the time comes to sell, you may take a loss. The potential for depreciation of value over time is without a doubt the biggest downside of purchasing a condo. Especially if many of your neighbors are moving at the same time, you’ll have a hard time differentiating yourself from the competition and may have to sit on the property as it depreciates in value right before your eyes.

Town Houses

On the surface, condos and town houses are very similar. They are communities of homes that share walls and certain communal spaces. The major difference with town houses is that the owner will not only own the interior of the home (as is the case with condominiums), but the exterior of the building, which includes the roof, lawn and drive. When you buy a town house, there is an enhanced sense of ownership. Especially when compared to condominiums, which are essentially apartments that you can buy instead of rent.

Single-Family House

Let’s do an exercise. Close your eyes and imagine the ‘American Dream’—it’s a pretty clear picture, right? A single-family home with a white picket fence and 2.5 children. It’s an image that has been around for a long, long time and isn’t going anywhere any time soon. They are a staple of the modern American suburb. They will typically come with a garage, a big yard, and all the privacy that comes with not having to share walls with anyone else.

However, with all that freedom and space comes the responsibility of maintaining it by yourself. Many people take pride in their lawns and over landscape of their yard, although this is not the case for everyone. Landscaping costs aren’t the only the additional costs associated with owning a home. For example, compare homeowners insurance quotes for all of the above and you will find that owning a home is much costlier than owning a town house or condominium.

Whether you opt for a condo, a town house or a traditional single-family home, the choice is ultimately up to you and what is right for your family. It depends on your stage of life, how much you’re looking to invest right off the bat and what you aim to do in the future.