Even though legally it is not required to have home insurance in California, those who have a mortgage will have to get some coverage according to a lender’s requirements. KC Wilson & Financial Services in San Jose, CA has also prepared you with the list of other reasons about why home insurance is something that you, as a homeowner, really need:
Anything Can Happen
You never know what can happen to your house, and you need to protect it. For example, natural disasters, including floods and wildfires, are frequent in California. According to the statistics, every year, 1 in 250 homes suffer losses due to fires, and approximately 1 in 55 households are affected by floods. It really can happen to you. However, if you have home insurance, you know that all financial losses will be covered, so you have nothing to worry about. It is important to understand that a home policy will not protect you from flooding or earthquakes. Work with an agent to make sure your home is fully covered.
It Is Not Only About a House
If you have home insurance, your personal belongings will be covered as well. Therefore, if any of your furniture, electronics, clothing, or appliances were stolen or destroyed, an insurance company will reimburse you for their value. The best thing is that your personal belongings will be protected anywhere in the world – whether they are in a house, at work, in a car, or somewhere else.
Your Liability is Also Protected
Let’s say someone got hurt on your property, and you are responsible for the accident. Medical bills might be quite pricey, and paying them off may cost you a fortune. However, if you have home insurance, you are safe, and your insurance company will cover all the expenses related to the accident.
If you still have any doubts or questions about home insurance, KC Wilson & Financial Services in San Jose, CA will be more than happy to provide you with all the necessary information. Call our company today to find the most comprehensive and affordable coverage for your house and yourself.