Buying a home is likely the biggest purchase you’ll ever make. It’s important to protect this investment. This is where homeowners insurance comes in.
As a renter you may have been required to carry “renter’s insurance,” which was likely a basic plan that covered property losses and damages in case of an accident at which you were at fault, such as fire.
A homeowners policy has to cover so much more. Your possessions now extend on past jewelry and electronics and must protect everything from shingles and flooring to your life savings.
– Carla Hill: FULL ARTICLE