What does homeowners insurance really do? . Your home is not only one of the biggest purchases you will make, it’s also your most valuable asset . Although you can legally own a home without homeowners insurance, if you finance your home with a mortgage, your lender will almost always require you to have homeowners insurance . Homeowners insurance protects your home from unforeseen circumstances including damage to your home as well as theft of personal property . If you experience damages, you need an insurance agent who understands your needs and can settle your claims quickly . The team at @drivenowinsurance can help you find the best policy that fits your needs . Homeowner policies will differ on where you live, the valuables in the home and which coverage options you choose. A comprehensive plan will cover you financially if you have a loss due to fire, theft or other events, in addition to the event if someone is injured on your property . Property coverage will pay for repairs to your home, garage or other buildings that are damaged. If you have a loss of valuables in your home such as jewelry or electronics, homeowners insurance can cover a loss of such valuables due to theft or damage . Liability will cover the homeowner if there is a claim when someone is injured or their property is damaged. It can also cover medical expenses for someone other than the resident is injured on your property . If you experience a complete loss of your home, you may need temporary housing or food. Living expenses are also covered by homeowner insurance policies.