Homeowners Insurance

Buying a home is a significant investment in your future, and you must do what you can to protect your purchase. This includes obtaining a home insurance policy. 

What Does Home Insurance Cover? 

With homeowners insurance, you can help protect yourself financially after an accident or other covered event, such as fire, windstorms, hail, explosions, smoke, vandalism and theft. A homeowners insurance policy typically includes a minimum of the following four types of coverages: 


• Dwelling coverage—This part of a policy helps pay to make repairs or rebuild if your house is damaged or destroyed by a covered incident. There are also coverage options available for other structures on your property.
• Personal belongings coverage—This part of a homeowners policy will help pay to replace personal items, such as furniture, clothing, electronics and sports equipment damaged by a covered incident.
• Liability coverage—Liability coverage helps protect against lawsuits for bodily injury or property damage the policyholder causes to a third party. 
• Additional living expenses coverage—This part of a homeowners insurance policy will help cover additional living costs if the policyholder’s house becomes uninhabitable due to an insured disaster. 

How Much Home Insurance Do I Need? 

If an unexpected incident occurs, you’ll want enough insurance to help cover the cost of rebuilding or repairing the structure of your home. You may also need coverage to replace or repair your belongings, protect yourself against liability claims, and cover living expenses if you cannot live in your home while repairs are made. Depending on your situation, you may want to invest in more specific coverage options, such as umbrella, earthquake or flood insurance. Discuss your coverage needs with a trusted insurance provider to better understand your options. 

Is Home Insurance Required? 

Homeowners insurance isn’t mandated by law, but most mortgage lenders require it. Even if you can afford to buy a home without a lender, investing in home insurance is still a sound financial decision to protect your most valuable asset from the unexpected. Without homeowners insurance, you may have to pay for any incident out of pocket, regardless of how much it costs. 

Home Insurance Quote in Meridian, ID 

If you want to discuss your home insurance options, contact Mustard Seed Financial & Insurance. We provide our clients exceptional service, knowledge and coverage at the best price possible.