Do I Really Need Home Insurance?

When you own a home in Wayzata, there is the question of whether you need home insurance. It can seem like an expense you don’t want to incur. However, it is something to consider.

Home insurance is not required by the state of Minnesota. This being said, if you have a mortgage, your lender may require that you have the insurance as a way of protecting their investment. This means that you will need to contact your lender to find out what the requirements are.

Whether you have a mortgage or not, it’s a good idea to have home insurance so that you are protected against the various things that could potentially happen. This may include burglary, a fire, a flood, and much more.

A typical homeowner’s insurance policy is going to protect your dwelling as well as the various items inside, including furniture and other belongings. You can add onto the policy to protect various other aspects, including additional buildings on your property as well as expensive belongings, such as art, jewelry, and more.

Should something happen your home, a claim can be filed with the homeowner’s insurance company. As long as it is one of the covered aspects, they will provide the money to make repairs or replacements – and this ensures that you don’t need to come up with all of the money on your own.

Homeowners insurance can be affordable, and is certainly going to be worth every penny in the event that you need to file a claim due to a heavy storm, fire, or something else that could prevent you from living in your home.

Call and talk to one of our knowledgeable insurance agents at Pizano Insurance today. We can talk to you about the various options available for homeowners insurance and get quotes to help you with the overall comparison process.