A homeowners insurance policy offers you and your family the financial reimbursement you will need to get your life back on track after an insurable event. But the financial benefits of having homeowners insurance are not experienced by policyholders unless they endure an insurable event with a financial impact that exceeds their deductible. Of course, that doesn’t mean that there are no intangible homeowners insurance benefits to enjoy as you pay your premiums each month.
Peace of Mind
When you know that you have an insurance policy protecting you and your family, then you have peace of mind. That might not prevent an incident, but it can definitely help you sleep at night. Without homeowners insurance you are left with a subconscious nagging prompted by the insecurity that being uninsured brings with it. In this state, a lot of mental and emotional energy is used up wondering how you would rebuild your family’s life if your home were to become ruined in an insurable event.
Insurance also ensures your financial stability. You probably have big plans for your retirement, your children’s educational future and the repayment of your debt. But, without homeowners insurance to ensure that your personal savings do not need to be used after an insurable event, there is no guarantee that you will be able to realize any of these plans and dreams in the manner you want. Instead, you may be forced to use the money you saved just to rebuild your home after a tragedy. Saving money without knowing that you will be able to use it the way you expect can leave you feeling insecure and may even impact your motivation to save.
Insurance is a serious matter. It’s not a fun purchase and it is not something that you will use in your everyday life. A homeowners insurance policy gives you permission to not dwell on how expensive and devastating an insurable event can be and the confidence to know that you will be able to recover financially after one.
Call us for a free quote on homeowners insurance in Miami or the surrounding South Florida area