Scottsdale’s abundant amenities, diverse recreational offerings, thriving downtown, and beautiful weather makes for an ideal place to settle and raise a family.

Homeownership has a lot of perks. Apart from the priceless sense of security and stability that it provides, it is also one of the best financial moves anybody can make. Buying a home in Scottsdale – or any progressive community, for that matter -is an excellent investment, but like any other investment, you have to be wise with it. That’s why you need the right home insurance policy for your Scottsdale home.

While more or less 85% of American households have homeowners insurance, there are still millions of out there whose homes are uninsured. Not having to pay for coverage may make you feel like you’re saving money out of the get-go, but what about when disaster strikes? What happens then?

To shed more light on the matter, here are some more reasons why homeowners insurance Scottsdale is a must-have for every family and individual living in the city:

Guarding your property with Scottsdale home insurance

Home Insurance in Scottsdale comes in many different types and scopes of coverage. However, even the most basic policies are guaranteed to protect your property against the potential hazards caused by fire, severe weather, and vandalism. Your homeowners’ insurance can help pay for the repairs on your home and other structures within your property.

In cases where the damage is too great, and the house is deemed uninhabitable, you may also receive an additional living expense coverage which should come in handy especially if you need to rent another place while your home is undergoing renovations..

Furthermore, your policy may also entitle you to a reimbursement or replacement cost to cover for some of the belongings (furniture, appliances, clothes, personal belongings, etc.) that were destroyed during the disaster.

Homeowners insurance as protection against liabilities

You may be surprised to know that your home insurance policy is not exclusive to the structural elements of your home. Some policies also protect your family’s interests in the event of an accident or injury within your property.

When somebody – your child’s friend or a guest, perhaps – gets hurt while in your home, the law may hold you responsible for the incident. As you already know, medical bills don’t come cheap and lawsuits even more so. If your insurance policy comes with such liability coverage, however, your insurance may shoulder a part of the legal fees, medical bills, and other expenses related to the accident.

While home insurance isn’t mandatory, it’s one of the primary requirements for getting approved for a home mortgage or refinance loan. Majority of lenders these days demand insurance coverage to make sure that the property is protected from conditions that may damage or degenerate its value and structural integrity.

Getting Insured with Bennett and Porter

Many households risk being uninsured because of the assumption that home insurance is expensive. The thing is, the cost of your insurance depends on the policy you choose. Most insurance companies have options that cater to different budgets.

There’s no telling when an accident, a catastrophe, or a natural disaster might hit and cause severe damage to your home. Instead of calculating how much getting insured would cost you, think about what could happen if you’re not. As the cliché goes, “Better safe than sorry.”

If you’re looking for a Scottsdale insurance company to handle your home insurance needs, look no further than Bennett and Porter. Our homeowners’ insurance experts can walk you through different options and help you find the best one for your budget.

Discover how you can ease the burden and cut down financial losses come the unexpected.

Call us today at 480-212-1150