Home Insurance

Why Do I Need Home Insurance?

Are you looking to buy or own a home? You need home insurance. Although states have different requirements, home insurance helps the homeowner protect their investment. If paying a mortgage every month, it also provides reassurance to the lender that you are being wise. In most cases, they require it as a condition of the loan. The team at OakPoint Insurance should be able to help.

Ins and Outs of Home Insurance

While adhering to the state requirements is essential, having the best outcome in the event of a disaster or unforeseen circumstance should be a priority. As a homeowner, you have invested the time and money to acquire the property, care for it, and continue adding value. Why wouldn’t you protect it? When discussing a home insurance policy, these should be a few points of concern:

  • Dwelling
  • Other structures
  • Personal property
  • Loss of Use
  • Personal liability

Although these are the main areas of concern, speaking with an agent about additional coverages makes sense. For instance, there may be a cap on the amount of personal property coverage. If you have several valuables, additional coverage would make sense to ensure your items are replaced closer to their value. If you live in an area that floods, you will probably have to obtain a flood insurance policy, which is not a part of standard coverage.

Talk to the Insurance Experts

We’re ready to help you find reliable insurance and coverage while staying within your budget. It’s crucial to convey your needs to your agent and take their recommendations into account before acquiring a policy. The worst thing any homeowner needs is to have a policy that is useless to them when they need it. It’s time to protect your investment. For more information on how we can help, call the team at OakPoint Insurance Agency today!

While our offices are located in Maryland, we serve all across the following states: Maryland, Texas, Virginia, DC, Pennsylvania, North Carolina, and Ohio.