Zimmer|Glime “Real Estate Motivation Moment” ~ What to Know About Home Insurance

In this week's Zimmer|Gime "Real Estate Motivation Moment", Associate Broker Amy Zimmer discusses home insurance. Homeowners insurance isn't a luxury; it's a necessity - it protects your home and possessions against damage or theft. However, many homeowners arbitrarily pick their home insurance policy without knowing exactly what is covered. Virtually all mortgage companies require borrowers to have insurance coverage for the full or fair value of a property (usually the purchase price) and won't make a loan or finance a residential real estate transaction without proof of it. Many landlords also require their tenants to maintain renter's insurance coverage. But whether it's required or not, it's smart to have this protection, and knowing what’s excluded from a policy will help you as a homeowner avoid being caught off-guard if damages occur or disaster strikes. Stay safe, be well, and check out the video to learn more… #homes #homeowner #homeinsurance #insurance #zimmerglimerealestate #hallandhunter #christiesinternationalrealestate #leadingrelocal #realestate #useaRealtor #christieshomes #yourrealtorsintheknow #luxurytoleases