If you have a mortgage on your home, chances are, your lender requires you to have homeowner insurance. If you have insurance, but lose it, you should find a new policy fast. If you don’t, in order to protect them against  loss, your lender might buy some for you and it could be expensive.  Even if you don’t have a mortgage, it is a good idea to protect your property in case an emergency occurs.

How do you know what insurance is best for you? You have to do your research. Know which policy offers replacement cost and which offers actual cash value coverage. Be prepared to file an insurance claim if necessary by taking household inventory. You might use this home inventory checklist to help.

Another resource you might consider is this website that reviews the top 15 companies based on 88 home owner features. These reviews could potentially narrow down your options and help you find the best possible policy for you!

Best wishes!

— Fieldstone Homes