Home Insurance
South Carolina is a fantastic place to call home, from picturesque beaches to breathtaking hills. But as you think about homeownership in this beautiful state, don’t forget about home insurance from D4Insurance. While home insurance doesn’t prevent disasters, it lessens your financial burden when bad things happen.
Is home insurance mandatory?
Home insurance isn’t mandatory in South Carolina, but your mortgage lender may require you to invest in one until your outstanding loan is paid. But whether home insurance is required or not, it’s a must-have investment for every homeowner.
Home insurance coverage options
Are you shopping for home insurance? While we don’t expect you to know everything about home insurance, it’s essential to equip yourself with standard home insurance coverage options. So, if shopping for home insurance, here are options you should know about:
- Dwelling coverage: This is one of the most common reasons most homeowners consider home insurance. This policy protects your building structure against perils like lightning, fire, vandalism, and other structures listed in your policy. Regrettably, home insurance doesn’t cover damage from floods, sewer backup, earthquakes, and pest infestation. However, purchasing “add-ons” and proper home maintenance can help mitigate these risks.
- Assets coverage: Home insurance protects your furniture, electronics, clothing, and other assets when damaged or stolen. However, home insurance provides limited coverage for high-value items like jewelry, but you can purchase a “rider” to increase coverage.
- Liability coverage: Home insurance covers you when you are accused of property damage and bodily injury by other people. This policy protects you when you are sued by covering legal charges, including attorney fees and settlement claims.
- Loss of use: When your house is damaged by a peril listed in your policy, you don’t have to pay for temporary accommodation from your pocket. Home insurance helps you cover additional living expenses until your home becomes livable.
Are you shopping for home insurance in South Carolina? Please get in touch with D4Insurance for an affordable quote.
