For starters, home insurance in Braselton, GA is mandatory to secure a home mortgage. A bank will not give out a mortgage if the property is not insured. This is their collateral in case you stop paying your mortgage. There are many reasons why you need home insurance. At Bingham Insurance Group, we’ve outlined three of them here. Read on to learn more.
1. Liability Insurance
Think only businesses get sued when someone is injured on their property? The truth is that homeowners can also face liability. If someone is injured on your property and you don’t have home insurance, you will face hefty lawyer fees and court fees, all paid out-of-pocket.
2. Fire Insurance
The last thing you want is to see your home or vacation home go up in smoke. But fires do, unfortunately, happen. Fire insurance is part of your standard homeowner’s policy and will help to recover the loss you ensue from a fire. Many policies will also put you up in a hotel while your home is being rebuilt.
To prevent theft it’s important to have a security alarm and outdoor lighting. Thieves tend to bypass houses with good security. However, even with the best of security, thieves still find a way to break in and steal what they want. If this were to happen to you, you can file an insurance claim to help recover your losses after you settle your deductible.
To learn more about obtaining a home insurance policy for your home in Braselton, GA, contact the friendly and reputable team at Bingham Insurance Group, serving this area. Agents are standing by to take your call.