Buying Your First House? Here’s What to Know About Getting Homeowners Insurance

When buying a home, there’s a lot to think about. Getting homeowners insurance is just one of the many things you’ll need to do before signing those loan papers. At Deboo Insurance Agency Inc., we provide homeowners insurance for customers in the Deerfield Beach, FL area. If you’ve never owned a home before, this is what you’ll need to know about buying homeowners insurance before buying your house. 

Homeowners insurance is required if you’re getting a mortgage.

Mortgage lenders require homeowners insurance to protect their investments while waiting for you to repay your loan. Once you’ve paid back the loan on your house, you may decide not to have insurance anymore – although you will probably want the security that comes from homeowners insurance.  

You’ll enjoy peace of mind.

Homeowners insurance brings you peace of mind, which you’ll discover the first time a big storm blows through your community or the first time that something goes wrong with your home’s electrical system. You won’t have to worry about whether you can afford to repair your home because your insurance company will repair your home when covered events occur. 

You’ll protect your investment.

Your home is a great investment. If something were to happen to it, you would lose a great deal of money. With homeowners insurance, you’ll be able to protect your investment and avoid loss of money when a covered event occurs. 

Want to know more about homeowners insurance in and around Deerfield Beach, FL? Call Deboo Insurance Agency Inc. Our knowledgeable insurance agents can help you get the insurance you need to protect your home.