When you had a mortgage on your home, protecting it with home insurance probably seemed like a good idea…it may have even been required by your lender. Now that you have paid it off, it may be tempting to let that coverage go. But consider what you would do if something happened that damaged or destroyed your home. Home insurance policies protect you financially in many ways. Leaving yourself vulnerable without coverage can mean financial ruin should a disaster occur. The team at Paragon Independent Insurance Agency work with homeowners in the Plano, TX area. They understand your concerns and will work to get you quality coverage for the best price.
Home insurance protects the home, structures on the property and personal possessions. If someone is injured on the property, the liability policy provides protection. Most policies cover a wide range of events such as fire, weather, and theft. Your agent can help you understand what is covered and what isn’t. For instance, water damage from faulty plumbing might be covered while water damage from a flood won’t be.
Home policies cover personal items such as clothing, furniture, electronics, and jewelry. It will also cover plants on the property with a few exceptions. If you have highly valuable collections such as firearms, jewelry or artwork, you need to talk with your agent to ensure that you are covered. Also, if after a disaster, the house is uninhabitable, the policy will pay for your additional expenses (hotel, restaurants) until repairs are made. The team at Paragon Independent Insurance Agency know the issues that homeowners in the Plano, TX area face. Don’t risk the investment you’ve made in your home, visit their website then call or come in today!