Home Insurance

Having shelter for you and your family is one of the most important things in life. If you want to keep your family safe, you need to make sure you're protecting your home with a good home insurance policy from 318 Insurance.

Do You Need Home Insurance?

One of the most important reasons to get insurance is to comply with requirements, whether those are legal requirements or rules set forth by a lender or landlord. If you own a home outright, you don't have to worry about carrying home insurance as a legal requirement in the state of Louisiana. However, you probably do need to have home insurance if you haven't paid off your mortgage yet. Lenders want to know that their loan is secured and making sure you have insurance is a good way to do that.

Even if you aren't paying off a mortgage and required to have home insurance, you still should. Home repairs can cost a lot of money, so having insurance provides an important financial security net.

Things to Know

Before you purchase home insurance, it's important to understand what type of coverage you're getting. Specifically, you should know that your home insurance policy doesn't include coverage for floods or earthquakes. This is the case with every home insurance policy, so you'll have to purchase that coverage separately if you want it.

You should also talk with an insurance agent about what exactly is covered under your home insurance policy. If there are any additional types of coverage you'd like to add, it's important to do that before you end up financially responsible for a disaster.

Owning a home is a lot of work but making sure it's protected doesn't have to be. If you're looking for a home insurance policy for your Louisiana home, use the free online rating tool at 318 Insurance to get a quote today.