1259 South Broad St
Wallingford, CT 06492
Home insurance is one of the most important coverage options you have available to protect your Meriden, North Haven, or Wallingford, CT home. The state of Connecticut does not legally require homeowners to have this type of coverage, but you may still need it to satisfy other requirements. Here's what you need to know.
Even though the state doesn't require you to have it, your mortgage lender might. Your lender is taking a big risk in loaning you a large sum of money to cover the purchase of your home and will want to protect that investment. If something should happen to your home, the lender will want assurance that you will still be able to pay back your loan, which will be difficult if you no longer have a place to call home. Your home insurance can help you rebuild or repair your home in the event of any unexpected damage.
In addition to satisfying your mortgage lender, you'll also want to have home insurance for your own protection. If someone is injured on your property, you could be hit with some hefty medical bills. The liability component of your home insurance policy can help to cover these costs so that you don't have to pay them out-of-pocket. If your home is destroyed in a disaster, the property coverage aspect can help you rebuild. You also have the option of adding coverage to pay for alternative housing while your home is being repaired. You can even add coverage for the items inside your home, like your furniture, appliances, clothing, electronics and other belongings.
Here at Lana Insurance Center Inc., we are your source for home insurance in Meriden, North Haven, or Wallingford, CT. We'll work with you to put together a policy that fits your needs and budget. Reach out to our team today for a free, no-obligation price quote.