Homeowners Insurance Does More Than Make the Bank Happy

By: Advocate Brokerage

Why you need Home Insurance CO

By Rosalyn Binday

Other than that your bank requires it as a condition of your mortgage, do you know why you should have homeowners insurance?

How about that in an average year, 374,000 homes are damaged by fire – some of them totally destroyed –  with more than $7 billion in losses.

Or that in 2010, a staggering 2,158,878 U.S. homes were burglarized.  Losses there were an estimated $4.6 billion.

Or that some 1,691 tornadoes stuck the U.S. in 2011, causing $28 billion in damage.

Homeowners insurance provides affordable financial protection against these and many other kinds of losses, including injury to a visitor in your home, or temporarily staying at a hotel while your home is repaired after a severe storm.

It is very important to work with an insurance agent who understands your individual needs in covering your home and assets. In the tri-state area, we find that many people need special policies that cover works of art, jewelry, grand pianos or other valuable contents of their homes, watercraft, vacation properties and more.

The people at Advocate Brokerage will be happy to help you evaluate your risks and find a policy with one of our top-ranked insurance companies that provides the best coverage and value for your money.

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