Home insurance is always a smart investment as it's an all-around policy that protects your loved ones, home, property, and personal belongings. Home insurance covers other things that could easily lead to financial losses, such as food getting spoiled in the fridge due to a power outage. If it's your first time buying home insurance in Ohio, Maverick Insurance Group LLC recommends assessing your insurance needs before making any purchases to ensure that you are adequately insured. Here is what you need to know about home insurance.
Home insurance helps provide financial protection for your home and personal belongings. The policy compensates you if a covered peril damages or destroys your home or personal property. It also covers you, other family members, and pets if they injure or destroy other people's property.
Home insurance costs vary from one policyholder to another. Insurance companies in Ohio will ask you a series of questions to determine your level of risk and prices. They will want to know the features in your home, size, location, building materials used, and the value of your personal belongings. A good rule of the thumb is to have this value in mind when buying insurance, as it will help you determine whether you're adequately covered or not.
The basic home insurance covers most aspects of your home, including your detached garage. However, it's also prudent to check whether your insurance company has additional coverages for greater protection. Most home insurance policies cover:
Note that not all your personal belongings are covered. If you have precious items like fur, artwork, sports equipment, and jewelry, your insurer may request you to obtain a separate policy for them.
Home insurance is a critical policy, don't wait till it's too late to protect your loved ones and your investment. Whether you're on a budget or not, Maverick Insurance Group LLC is the solution you need. We help you find a policy that matches your home insurance needs, style, and budget. Call us today!
