When most people think about investments, they are not necessarily thinking about their homeowner’s insurance. Home insurance is one of the top 3 investments, though. At Deboo Insurance Agency Inc., serving Deerfield Beach, FL, and the surrounding areas, our goal is to properly educate you on insurance products and how they can serve you as investment options. Keep reading to learn more. 

Why Is Home Insurance An Important Investment?

Although home insurance is not a traditional investment like savings accounts or retirement programs, it is a meaningful way you can protect your financial security in the future. Your home will be one of your most significant purchases during your life. Your home will serve you for many years by providing you with a place to live and a home base for you and your family. This gives your house both financial and emotional value. 

Home insurance is the best way to protect the money you invested into your home, and it also provides a way to protect your peace of mind. 

How Much Home Insurance Should Be Purchased?

The amount of home insurance that should be purchased will depend highly on your particular family and the type of house you have. A basic amount of insurance will be recommended that will cover the cost of replacing your home should it be lost. However, this amount does not cover the value of your personal belongings or any improvements you may have made to the house. If you upgraded the house in specific ways, you may want to discuss insurance coverage amounts that would consider this. 

If you would like to learn more about our insurance products, don’t hesitate to contact us at Deboo Insurance Agency Inc., serving Deerfield Beach, FL, and the surrounding areas.