When you’re buying a home, whether it’s a $150,000 to $200,000 house for sale in Lake City or a big farm for sale in White Springs, you’ll most likely need to buy homeowners insurance.
But what is it, and why do you need it?
What is Homeowners Insurance?
Homeowners insurance is a form of financial protection against disasters and other types of loss. A standard homeowners insurance policy covers the house itself and the things you keep inside it.
It’s typically a “package policy,” which means it can cover damage to the property and your legal responsibility for injuries or property damage you—or your family members—cause to other people. (Often, this includes damage that pets and animals cause.)
Disaster-related damage is often covered by a homeowners insurance policy, too, but there are some exceptions. You need to buy separate coverage for flood and earthquake coverage because they’re not included in a typical homeowners insurance policy.
Are You Buying a Home in Lake City or the Surrounding Communities?
We’d love to help you find your dream home here. Call us at 386-243-0124 or get in touch with us online to let us know what you’re looking for so we can start searching right away.
In the meantime, take some time to explore:
- Waterfront Residential
- Waterfront Land
- Bank Owned & Foreclosures
- Short Sales
- Paved Road Frontage
- Non-Deed Restricted Land
- Wooded Oak Tree Land
- Land for Land Home Combo
