{"id":369408,"date":"2016-04-04T10:47:27","date_gmt":"2016-04-04T15:47:27","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/realestate\/owning-a-home\/insuring-your-home.html"},"modified":"2021-12-01T15:30:21","modified_gmt":"2021-12-01T20:30:21","slug":"insuring-your-home","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/realestate\/owning-a-home\/insuring-your-home.html","title":{"rendered":"Insuring Your Home"},"content":{"rendered":"\n
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Insuring Your Home<\/h1>\n
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Created by FindLaw’s team<\/a> of legal writers and editors<\/i><\/p>\n\n | Last reviewed\n

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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

Banks and mortgage lenders often require homeowners to purchase and pay for insurance along with the mortgage payments. A homeowner’s insurance policy provides the protections in the event that your home or property is damaged, and can also help if someone is injured on your property.<\/p>\r\n

Given the wide variety of claims that homeowners can make under their insurance policy, navigating the claim process can be complicated. FindLaw’s Insuring Your Home section covers legal and practical information about insuring your home, in addition to suggestions for how to file a claim with your insurer.<\/p>\r\n

Reasons to Purchase Homeowner’s Insurance<\/h2>\r\n

Even if you’re feeling overwhelmed by all of your existing insurance policies \u2014 such as auto, health, and life insurance \u2014 it’s important to protect yourself with some type of homeowner’s insurance.<\/p>\r\n

Your home is probably the biggest (and perhaps most important) investment you will ever make, and it’s also vulnerable to disasters, burglary, and liability. Therefore, it’s vulnerable to potentially expensive emergencies that typically are covered by insurance policies.<\/p>\r\n

What Do Homeowner’s Insurance Policies Cover?<\/h2>\r\n

Because every house and homeowner has their own unique needs, there is no one-size-fits-all policy for homeowner’s insurance (HOI) policies. The types of coverage you purchase may be dictated by your proximity to potential sources of flooding (such as rivers) and risk factors in general. HOI policies may offer the following features and protections:<\/p>\r\n