Importance of Homeowners Insurance – What Every Orange County Homeowner Should Know

Last week we watched in amazement as Hurricane Sandy hit the East Coast and left billions of dollars worth of damages in it’s wake. One of the most important lessons that Orange County homeowners can learn from this natural disaster is the importance of homeowners insurance.

What Is Home Owners Insurance? 

Although homeowner’s insurance may seem like a policy that an Orange County homeowner may never use, it’s actually the most important insurance policy that you may ever have because it will protect their home from losses due to natural disasters like earthquakes or fires.

This form of insurance protection will provide liability protection and keep a home owner’s personal property inside the home protected as well should it be damaged or destroyed during an accident or disaster.

Your Home Will Be Rebuilt

Southern California residents have been through a lot of natural disasters over the last 20 years like wildfires and earthquakes. It is tragic when you hear stories of residents who have their homes destroyed without proper insurance. But on the flip side, it takes some of the sting out of the tragedy for those who have insurance so they don’t have to deal with the same financial losses in addition to the loss of their personal items.

What Else Does Homeowners Insurance Cover?

Besides protecting a home in the event it’s destroyed due to a natural disaster, a homeowners insurance policy will also cover a homeowners expenses while their home is being fixed or rebuilt. The expenses that will be paid for are: hotel bills, gasoline, bills from meals, new clothing that needs to be purchased and more.

To learn more about the importance of Orange County homeowners insurance or to view the latest Orange County homes for sale, contact Fred Sed & Associates today at (949) 272-0125.