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Why Homeowners Insurance is Important
It safeguards your home. Multiple types of perils are covered by homeowner insurance.
It safeguards the buildings on your property. The majority of ordinary homeowner policies provide limited coverage for extra structures on your property.
It safeguards your possessions.
It safeguards you against liability and medical expenses.
It protects you if your home becomes uninhabitable.
Renters insurance coverage protects your possessions if they are stolen or destroyed. It also helps cover you if unintentional damage is caused to another person or person's property. .
Fire, theft, and windstorms are typically covered by renters' insurance, while flooding and earthquakes are typically excluded.
Some policies even allow you to add coverage for identity theft and precious jewelry.
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