Protecting Your First Home


Home Insurance for Your First House

Buying your first house is one of the biggest financial investments you will ever make, which is why it is important to make sure that it is protected with the right homeowners insurance policy. Keep these tips in mind to ensure that you invest in the right amount of coverage for your first home.

  • Insure your home for its replacement cost – when choosing the right amount of coverage, make sure that you insure it for the replacement cost of your home so that if your home is a complete loss, you will be able to completely rebuild your home with similar materials.
  • Do not forget liability insurance – liability insurance will provide coverage for any accidents that happen at your home. From someone tripping and falling at your home to severe food poisoning during a dinner party, liability insurance will pay for any legal fees that are associated with an accident.
  • Provide protection for your assets – homeowners insurance will provide coverage for all of your belongings that you keep in your home, up to a certain dollar amount. If you have any very valuable items, such as jewelry or fine art, you may want to invest in more coverage by scheduling them within your home insurance policy.
  • Look for additional living expenses coverage – if you have to move out of your home while it is being repaired, additional living expenses coverage will cover the cost of living outside of your home, such as in a hotel or a rented apartment.

For all of your homeowners insurance coverage needs, contact the insurance professionals at Prutting Insurance Group in Scottsdale, Arizona. As an independent insurance company, we will work with you to ensure that you have the right amount of protection for your new home, all at the right price.