As a resident of Warwick, RI, you have different insurance options. One of the insurance coverage options is home insurance. Being a resident of Rhode Island, you do not have to have an active home insurance policy, but it’s a good idea to have it for many reasons. Here’s a detailed look at home insurance and its benefits.

Why Is Home Insurance a Necessity?

You might be wondering why you need home insurance if it’s not required by law like other insurances. Home insurance provides homeowners with a variety of benefits, especially in the event of mishaps and accidents. If you have an active mortgage, the lender may require you to have an active home insurance policy until you pay off your mortgage.

This type of insurance is a necessity because it protects your home from accidents, such as your home becoming a loss due to a fire or other instances, such as a tornado or hurricane. Home insurance also protects dwellings that are not attached to your home, including sheds and garages. Your home insurance policy can cover the items in your home, such as furniture, appliances, electronics, and similar items.

Having liability coverage is priceless because it can save you tons of money and help if someone is injured on your property. If you are held liable for injuries that occur in your home, you could be facing expensive medical bills. Having an active home insurance policy helps with covering those medical expenses.

Let the Professionals Help

Here at The Slocum Agency Inc., we are here to help you find the most reasonable insurance solution for your unique insurance needs. Contact us now so we can discuss your insurance options in full detail and help you make a decision. We look forward to assisting you.