Having homeowner’s insurance is usually required by your lender and the state where you live. But that doesn’t mean it’s the only reason you should have a Connecticut home insurance policy. Here are four other benefits of having a policy for your home.
Protection from Theft
If you’re ever the unfortunate victim of a home burglary, it can be a stressful and devastating time. Having homeowner’s insurance can give you the added peace of mind knowing that your valuables are protected and can be replaced thanks to your policy.
If someone gets hurt while on your property, it could cause significant financial loss if they choose to sue you. A homeowner’s policy can help defer the costs that may be associated with any medical bills or court fees because of the incident.
Should you and your loved ones ever be displaced from your home due to a fire or other incident that makes your home uninhabitable, your policy may come in handy. Most policies will cover accommodations up to a certain amount while your home is being repaired.
Peace of Mind
Having added peace of mind knowing your home and loved ones are protected is a huge benefit that shouldn’t be overlooked. If the unexpected happens, you may not always be able to afford the associated costs out of pocket, and your policy can help defer those costs and ease your burden.
Connecticut home insurance is required for a reason; to protect you and your loved ones from potential loss. It’s a small price to pay to keep everything you work hard for protected.