Owning a home is a dream come true for many, but without homeowner’s insurance, dreams can quickly turn into nightmares. Many different events, from electrical fires to hurricanes and earthquakes, can destroy homes and even entire communities. Contact the Commerce Insurance Agency, serving the Commerce, GA metroplex, to explore home insurance options.

Keep in mind that standard homeowner’s insurance may not cover every event. For example, you may need to take out flood damage to cover damage caused by flooding. It’s crucial to read the fine print of any homeowner’s insurance plan or to speak with knowledgeable insurance agents who can break down the details and gaps in home insurance coverage.

Major Events That Could Destroy Your Home

Home Fires

House fires cause roughly $7 billion in damage per year, according to the National Fire Protection Association. Issues with heating, cooking, and electrical systems are the leading cause of house fires and over 350,000 homes will be affected by a fire in any given year. This makes it crucial to take out a home insurance policy that provides protection from home fires.

Weather Disasters Cause Immense Damage

The Washington Post reported that roughly 1 in 10 homes were affected by a weather event in 2021. Hurricanes and tornadoes may be the most famous and intimidating events, but simple storms can cause a lot of damage. High winds, hail, and heavy rain, among other factors, can all damage buildings.

Don’t Forget Crime

Break-ins, vandalism, and other property crimes cause a lot of damage per year. Indeed, more than a million home burglaries occur per year. In many cases, homes aren’t destroyed outright, but the damage can be immense, as can the costs of replacing stolen property. Fortunately, the right homeowner’s insurance policies can provide protection from property crimes.

Reach out to the Commerce Insurance Agency in Commerce, GA to learn about home insurance options.