Is Home Insurance a Worthwhile Investment?

If your home is your most precious asset, then home insurance is a worthwhile investment. A home is where you’ve spent almost, if not all, your savings. You even get to spend most of the best and memorable moments in your home. Yes, you do many things to protect your home and possessions from any loss or damages. But unfortunately, mishaps do happen, and you can do little about some risks that can cause potential damage to your home. And that’s where home insurance from Paragon Independent Insurance Agency comes in handy.

Home insurance will help you protect your investment and yourself in a variety of ways. Whether it’s a new home you are buying, or you’ve paid off the mortgage, home insurance is a must-have. Here are the reasons why home insurance is a worthwhile investment. 

It protects your assets

Your home insurance will not only cover your home structure but your assets, such as clothes, furniture, electronics, and ornaments, which don’t come cheap. A peril like fire can wipe away all your investment within a blink of an eye. However, with home insurance, the insurer will replace the loss, lessening your financial burden.

It offers liability protection 

Home insurance policy offers protection against accidental damages caused within your property to a third party. Think of how much you would spend if you got sued for damages caused or the medical bills. That’s why you need home insurance to cover such expenses.

It compensates for temporary living expenses

Imagine your home is damaged to an extent it is deemed uninhabitable. How inconvenient. But with a home insurance policy that provides additional living expenses, your headache is solved. The insurance puts you in a temporary place until the home is rebuilt or repaired.

Home insurance in Plano, TX 

Nothing beats the peace of mind that comes with having a safety net in place in case of an unfortunate event. Let home insurance be your safety net. Ready to purchase your home insurance in Plano, TX, and its environs? Please contact Paragon Independent Insurance Agency for an affordable quote.