In the U.S., approximately 95% of homeowners have home insurance. Even though it is not a legal requirement, it is an essential investment for your property in Longwood, FL. Our homeowner insurance at Express Insurance typically protects your home in case of events like fires or hurricanes.

The ideal home insurance policy should protect not only the physical structure but also all the valuable items that you would need to replace. Read on to learn three ultimate reasons why you should get home insurance.

1. Home Insurance Gives You Financial Safety

In the case of events like tornadoes or hurricanes where houses are at risk of significant damage, home insurance is necessary. You get peace of mind knowing that you have a  home insurance policy that will pay for repairs and replacements that may be required.

2. It Is a Necessity for a Mortgage

Most mortgage lenders will insist that you get home insurance to protect your investments. Home insurance ensures that any damages are taken care of in case of any unfortunate events. A mortgage lender will typically insist on a policy that covers the amount of the mortgage.

After completing your mortgage payment, you are no longer required to pay for home insurance, but as a homeowner, you should continue as this is a major investment. 

3. Home Insurance Protects the Equity of Your Home

Homes are one of the significant investments in one’s life, and as you continue doing renovations and modifying them, the equity of your home increases. In case of a damaging event, home insurance will ensure that you don’t start from zero. 

If you want to know more about home insurance, contact our independent insurance agents in Longwood, FL. They’ll answer any question you may have and help you identify the right quotes that fit your budget.