Home Insurance

There are many things to consider when buying a home, but one of the most critical aspects of home-buying is purchasing home insurance. At Completely Independent Insurance Agency, we are here to help you navigate this critical insurance purchase. Keep reading to learn more about home insurance in Indiana.

Do I Need Home Insurance?

If you have a mortgage in place on your home, you will be required by the mortgage company to have a homeowners insurance policy in place. This type of insurance is designed to protect the home's residents and the mortgage company. Without home insurance, the mortgage company would lose the investment they have made in the property should it be lost due to fire or natural disaster.

Your family's housing security is also at stake if you do not have insurance. If a home is lost, you would be responsible for providing a new home for your family without any financial assistance. This could be a great financial hardship for you and your family.

How Does Home Insurance Work?

The insurance company will evaluate your home and determine a policy amount. This policy amount will be calculated based on what the home is worth, how much it would cost to replace it if lost, and the value of your possessions inside the house.

How Do I Calculate These Amounts?

Luckily, you do not have to figure all of this out on your own. An insurance expert can discuss the details of your home and the value of your possessions to come up with an appropriate insurance policy amount.

If you would like to learn more about home insurance in Indiana, please contact us at Completely Independent Insurance Agency, serving Zionsville, IN, and the surrounding areas.