{"id":74,"date":"2022-11-28T04:00:00","date_gmt":"2022-11-28T10:00:00","guid":{"rendered":"https:\/\/www.highpointinsurancegroup.com\/blog\/?p=74"},"modified":"2022-12-01T17:25:49","modified_gmt":"2022-12-01T23:25:49","slug":"protect-your-most-valuable-asset-with-home-insurance","status":"publish","type":"post","link":"https:\/\/www.highpointinsurancegroup.com\/blog\/protect-your-most-valuable-asset-with-home-insurance\/","title":{"rendered":"Protect Your Most Valuable Asset with Home Insurance"},"content":{"rendered":"

Are you thinking of becoming a homeowner? If so, did you know that before you can obtain a mortgage, your lender will require you to have a homeowner’s insurance policy to protect your interests? If you live in Dadeville AL, Highpoint Insurance Group can answer all your questions.<\/span><\/span><\/span><\/p>\n

Why Home Insurance?<\/span><\/span><\/span><\/h2>\n

The purpose of homeowners’ insurance is to pay for losses and any damage to your property in the event of a burglary, fire, or weather event. Standard homeowners’ policies do not cover artwork, jewelry, collectibles, or other valuable personal items. It does not cover damage caused by flooding or an earthquake. It would be necessary to get a separate rider to cover these situations.<\/span><\/span><\/span><\/p>\n

Typically, a homeowners policy includes six different coverages. They are dwellings, structures such as garages or storage sheds, personal property, personal liability, medical payments, and loss of use. <\/span><\/span><\/span><\/p>\n

Types of Policies<\/span><\/span><\/span><\/h3>\n

The two types of policies issued are the HO-2, which is a commonly purchased policy. HO-3 has broader coverage than HO-2.<\/span><\/span><\/span><\/p>\n

You should have a deductible of at least $1000. A higher deductible reduces your rates, sometimes significantly, but means you will have to pay the deductible out of pocket if a claim is filed.<\/span><\/span><\/span><\/p>\n

Common Causes of Claims<\/span><\/span><\/span><\/h3>\n

The most common causes of home insurance claims are theft, wind, non-weather-related water damage, hail, and weather-related water damage. These causes make up approximately 77% of all insurance claims. It is obvious why a homeowners insurance policy is necessary for the protection of your property and finances. <\/span><\/span><\/span><\/p>\n

If your property is mortgage-free, it is still important to have coverage for your home. If you have a guest that is injured on your property, or your dog decides to bite a visitor, you will have liability protection to cover costs.<\/span><\/span><\/span><\/p>\n

Give Us A Call<\/span><\/span><\/span><\/h3>\n

Highpoint Insurance Group in Dadeville AL can provide a quote or answer any questions you may have. Contact us today.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Are you thinking of becoming a homeowner? If so, did you know that before you can obtain a mortgage, your lender will require you to have a homeowner’s insurance policy to protect your interests? If you live in Dadeville AL, Highpoint Insurance Group can answer all your questions. Why Home Insurance? The purpose of homeowners’ insurance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[12,16],"class_list":["post-74","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-dadeville-al","tag-highpoint-insurance-group"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/74","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/comments?post=74"}],"version-history":[{"count":1,"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/74\/revisions"}],"predecessor-version":[{"id":75,"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/74\/revisions\/75"}],"wp:attachment":[{"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/media?parent=74"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/categories?post=74"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.highpointinsurancegroup.com\/blog\/wp-json\/wp\/v2\/tags?post=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}