When you have a mortgage, home insurance is a given as it’s often a requirement for obtaining your home loan. When you own your home outright, home insurance isn’t required, but it’s a wise investment to safeguard one of your most valuable possessions against damage or loss. Chicago, IL homeowners can rest assured that their home is in good hands with home insurance from Arial Insurance Group.
Importance of Adequate Insurance Coverage
When it comes to protecting your home, it doesn’t pay to sell yourself short on home insurance. With the right insurance coverage, you can avoid financial loss in the event of a disaster.
A standard home policy from Arial Insurance Group offers dwelling, personal property, and liability coverage. The amount of coverage you obtain will depend on your home value, the value of your belongings, your lifestyle, your budget, and the risks of damage to your home due to its location.
When it comes to dwelling coverage, we recommend purchasing sufficient coverage to rebuild your home if it’s totally destroyed in a disaster. If your budget allows, your personal property insurance should cover the cost of replacing personal goods that are damaged or lost.
If a guest is accidentally injured when visiting your home, liability insurance helps pay for their medical costs. As medical care is at an all-time high, we recommend obtaining the maximum liability coverage money can buy. If you’re held responsible for a serious accident and sued for damages, your liability insurance will help cover this cost.
Protection Against the Unexpected
After all you’ve invested in your home and lifestyle, it only makes sense to protect yourself from the unexpected with home insurance. If disaster strikes, you’ll have financial support to rebuild your life and move on.
To purchase home coverage for your Chicago, IL home, give Arial Insurance Group a call.