Washington DC Homeowners Insurance
Washington DC homeowners insurance is a very wise investment for anyone looking to buy a home in the historic Washington DC. Protect the house you live in and everything inside that makes it feel like home with Washington DC homeowners insurance.
After signing all the paperwork and moving all of your things into your new home you may think that buying homeowners insurance is just an extra hassle. Not only is it necessary, but it is very simple. Just go online and fill out an easy form then browse through the many quotes you are provided. You will feel much more secure about the home you just purchased if you knew it is protected from some of the hazards of living in Washington DC.
Why Purchase Homeowners Insurance
If you have recently bought a Washington DC home you are aware of what a huge investment that is. Building costs can be expensive and after such a large purchase you may not have a lot of money on hand at the moment. What would happen if a huge snowstorm blew through right now and destroyed your roof? Chances are it would be quite a struggle repairing it. If it is declared that your home is uninhabitable until the damages are fixed where would you stay? With your Washington DC homeowners insurance policy you may get loss of use coverage which will pay you to stay somewhere else in Washington DC so you can continue working and going to school until your house is fixed.
Often when people purchase a new home they rush to furnish it with nice things. Once it is done and the drapes match the furniture, the new TVs are set up in the rooms, and you have a new desktop for your games or writing you may feel a sense of relief about it all coming together. Don't let a tree falling on your living room during a severe thunderstorm send you into a panic. With Washington DC homeowners insurance you are not only protecting the structure of your home but you are protecting what is inside. You will get assistance in replacing your belongings and getting back to normal quickly.
If you are a victim of theft you will need a good Washington DC homeowners insurance policy to replace the items that were taken. No matter how good your security is or the neighborhood watch program sometimes people's homes are robbed or vandalized. Make sure you can fix the damages and replace the items quickly with your insurance policy.
Types of Homeowners Insurance
There are quite a few different Washington DC homeowners insurance policies to choose from. Don't be overwhelmed just research the more common types to see if they might suit your situation. For instance, the HO-3 is purchased by most Washington DC residents. It will cover most of the hazards that could affect your home. It is an affordable policy and easy to acquire. However there are a few things it does not cover such as earthquakes, floods, or nuclear accidents. If you are at a significant risk from any of these hazards you will need to purchase additional coverage for these events.
Another type of homeowners coverage you should be aware of is the "older home" policy. With the many historic Washington DC neighborhoods it is not uncommon for someone moving to purchase an older house. Some of the homes, while beautiful, were built with outdated materials that may not have held up well in severe weather conditions. Homeowners insurance will cover what it costs to replace those materials with more modern structures. What may have been top of the line in the "good ole days" might not be quite up to par for today.
Buying a house is an important part of life. It provides stability, pride and a place to call yours. It gives you such a sense of independence knowing you are no longer under a parent or landlord's thumb. It is important to protect your new home and all of your belongings because you never want to face the challenge of recovering after a disaster without assistance. Washington DC homeowners insurance can give you peace of mind during what could be an extremely stressful time.
Cost of Homeowners Insurance
You may think after such a big purchase you don't want to spend any more money. Do not let this stop you from purchasing your Washington DC homeowners insurance now. It may be an extra bill, but think about how much it would cost to make repairs on your home or replace lost items after a fire or storm damages your house. You will save money in the end by getting coverage. There are plenty of companies that offer great rates and many possible discounts on your Washington DC homeowners insurance so don't wait!