Your lender requires it, but even if you don’t have a mortgage, homeowner’s insurance is a wise investment for your home or even apartment. You never know when disaster might strike, and having the right coverage could save you a bundle in the long run. Here are some things to remember when purchasing homeowner’s insurance.
Natural Disasters Happen
Even if you don’t live in a flood plain, rising waters could damage your home. Weather is unpredictable. A tornado may cross your path and destroy a section of your home. An ice storm could hit your area, sending broken limbs onto your roof and damaging it. Continue reading