Consumers who own a home in Snellville, GA need to fully understand home insurance. Toney Insurance Services can provide answers to questions area homeowners have about this important coverage.
The following are four common misconceptions consumers must be aware of regarding home insurance:
Home insurance offers complete coverage for personal belongings within the home
While home insurance policies typically include some coverage for the policyholder’s personal belongings with the home, there will be a limit on how much coverage this includes. That’s why homeowners with especially valuable items in their homes such as collectibles or high-end electronics might want to increase their personal property coverage limits.
Home insurance always provides coverage for water damage
Home insurance policies cover some types of water damage such as water damage resulting from a burst pipe. However, standard home insurance will typically not provide coverage for flood damage or certain other causes of water damage.
Home insurance provides coverage for landslide damage
Standard home insurance does not usually cover landslide damage. If you live in an area with a risk of landslide damage, you may need to add specialty coverage for landslide damage.
Homeowners don’t have to purchase home insurance
While homeowners are not typically required by law to carry home insurance, they are typically required to carry home insurance by their mortgage lender. If you are still paying off the mortgage on your home, you will need to buy insurance coverage.
Contact Us Today
Get in touch with us at Toney Insurance Services to get a quote on a home insurance policy for your property in Snellville, GA. We’ll be happy to answer your questions and provide you with the coverage you need!
