Your home is an asset and may possibly be your biggest investment. A home without an insurance is left without protection in the event of a disaster. Home insurance serves one purpose and that is to make sure you receive all the financial resources you need to get back on your feet after your home suffers a calamity. A homeowners insurance is also required by mortgage lenders. However, if your home is fully paid for, a home insurance is still a good investment to make because it will provide you with a financial safety net when you most need it.
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