What Home Owners Need To Know About Home Insurance

Buying a house is a big deal. You want to do all you can to protect this huge investment. Not only will this be your residence, but it will also be your home, which carries with it a lot of emotional value as well. At Max Insurance LLC, it is our goal to help homeowners understand home insurance so that they can make the best insurance choices in Des Moines, IA. Keep reading to learn more. 

Do I Need Home Insurance?

If your home is mortgaged, you will most likely be required by your mortgage company to carry home insurance. This protects the mortgage companies investment into the home while you are paying on it. 

Even if you are not required by a mortgage company, though, home insurance is the only way to ensure that you are not left with catastrophic expenses if something were to happen to your house. If the house is damaged or destroyed due to fire, natural disaster or robbery, you would be responsible to repair or replace your home. This could put you and your family in a vulnerable position financially. 

Is Flood Insurance Included

Many homeowners assume that flood insurance is included in their policy. This is rarely the case. If your home suffers water damage because of something faulty within the home, your policy may cover those damages. Flood damage from a naturally occurring flood in your area, however, is something entirely different. You will need to sit down with an insurance representative to discuss flood insurance details. 

If you would like to learn more about home insurance or any of our other services, please contact us at Max Insurance LLC serving Des Moines, IA and the surrounding areas.