Why Do You Need Homeowners Insurance?
A home is one of the biggest investments an individual or family will make. Homeowners insurance, often referred to as HOI, helps to protect from accidents or other incidents that can cause damage to the value of the home itself or the possessions kept inside the home. This may include scenarios such as damage from theft, vandalism, fire, and natural disasters.
In addition to property insurance, homeowners insurance may also provide liability coverage. Liability coverage can offer protection in the event that the homeowner or a family member is responsible for damage to the home. Liability coverage may also provide coverage in the event that a visitor is injured while in the home. In a case like this, homeowners insurance can help to cover the visitor’s medical bills and mitigate the need for legal action.
Homeowners insurance should be a special consideration for those who live in areas that are prone to natural disasters, such as earthquakes or floods. While insurance is not legally required for homes, mortgage lenders may impose certain insurance requirements for homeowners who are financing their homes. Homeowners seeking to finance their homes should discuss any potential homeowners insurance requirements with their lending company.
There are several types of homeowners insurance that offer varying levels of protection for policyholders. We can help homeowners conduct a home inventory to determine the value of their property and assets. Based on this home inventory, we can help individuals and families select the optimal type of homeowners insurance to suit their needs, protect their assets, and provide a safety net for possible risks.
Protect Your Home, Protect Your Belongings, Protect Others!
Secure Your Home Today!
The Murphy Insurance Group
14 Storrs Avenue
Braintree, MA 02184
Phone: (781) 380-0599
Monday - Friday: 8:30AM - 4:30PM
We are licensed in Massachusetts, Florida, Maine, New Hampshire, New Jersey, New York, Rhode Island, Vermont, Connecticut, and Maryland.
"Insurance since 1908.
Put our experience to work for you."