Why do you need Homeowners Insurance?
You may need homeowners insurance because your mortgage lender requires it. But, even if you own your home outright, you still need homeowners insurance to protect that which you can't afford to lose.
You spend years building up a solid financial foundation for you and your family. All that hard work can go down the drain in a matter of minutes when, for example, a tornado devastates your house, a burglar robs and vandalizes your home while you're gone, your dog bites and severely injures a neighborhood child, a guest in your home is hospitalized after falling on your icy stairs, or a neighbor sues you for personal injury after your chimney topples over on his head.
There are virtually thousands of possible scenarios that could result in severe financial loss or even the loss of your home. Homeowners insurance is designed to help prevent that result.