brier April 16, 2012 No Comments

During tough economic times keeping up with your Tampa insurance premiums can seem like a regular expense you could do without. Before making any decisions, take a moment to think about the protection you may be sacrificing. 

Typically, a standard home insurance policy provides three types of protection: 

•Your home is an extremely valuable asset and losing it to an unexpected event could be financially and emotionally devastating. Typically, this is the main reason many people purchase homeowners’ insurance. Damage from a burst water pipe, fire and theft are just some of the many incidents that may be covered by your homeowner’s insurance policy. 
•Your personal property can also be financially protected by homeowner’s insurance. Personal property includes clothes, furniture, appliances, electrical equipment and many other personal possessions. 
•Liability coverage can be included in a homeowners’ policy. This may be vital if someone is injured while on your property and consequently files a lawsuit against you. While liability coverage may not seem as urgent as property coverage, in the event of a lawsuit it may save you from bankruptcy by helping to pay for court and damage costs, along with the injured person’s medical bills. 

There are other stand alone policies you can purchase to provide additional coverage for more specific items, but you can see that having at least a standard Tampa insurance policy for your home makes sense. Why not talk to us today about ways to save on your premiums?