Your home is likely one of the most significant and vital purchases that you will make in your lifetime. It is not something that you want to risk losing simply because you did not have the right coverage for your home. If you do not owe anything on your home, you are not required to have home insurance, but that would not be the smartest move we recommend here at Easley Hedrick Insurance & Financial in Richmond, VA.
If you do owe money on your home or have a mortgage, you may be required by your mortgage lender to have home insurance. They require this to protect themselves, but it is also something that protects you. You want to make sure that you not only have a good policy that protects your Virginia home, but you also want to make sure that you have the right amount of coverage to protect your home. You should have enough coverage to rebuild the home and replace everything inside.
If you owe nothing on your home, you are not required to have home insurance in Virginia. You still should want to protect the most important, and likely most expensive, purchase that you have made in your life. The easiest way to do this is by having the right home insurance policy. If you own a home, it is recommended to have home insurance whether it is required or not. The last thing that you want to happen is for you to lose your home due to some tragic accident that causes it all to be gone overnight or in a matter of hours.
You have put a lot of work into purchasing and owning your home, so you should also put some effort into protecting it. Be sure to reach out to us here at Easley Hedrick Insurance & Financial in Richmond, VA to find out what we can do to help you better protect your home. Our agents will work with you to build a policy that meets your needs and can help you get a quote. If you don't have time to visit our office, try our online rating tool for quotes on home and auto insurance.