At Cross Creek Insurance in Hope Hills, NC, we offer home insurance to help protect your investment. We recommend asking these four questions when you are ready to purchase a homeowner’s policy. 

Am I Required to Buy Home Insurance?

North Carolina law doesn’t require you to buy home insurance. However, most mortgage lenders do require it. If you have a mortgage or lean on your home, contact your lender to learn their requirements before purchasing a policy. 

What Perils are Covered by the Policy 

A peril is an event that can cause damage to your home. A standard homeowner’s policy covers many potential disasters, including fire, theft, vandalism, storm damage, smoke damage, and explosions. 

A standard homeowner’s policy does not cover earthquakes and flooding. You may need separate policies to cover these perils. 

What Property and Possessions are Covered

Your policy will cover the structure of your home and your possessions within the home, up to the coverage limit. If you have very valuable items, discuss your coverage limits. You may need a policy rider for expensive items. 

In addition, your policy covers other structures on your policy. This includes sheds, freestanding garages, and fences. 

What is Covered Under Liability

Most homeowners purchase a policy to protect their home’s structure and belongings. However, your homeowner’s policy also covers liability. 

If someone is injured on your property or their property is damaged, your homeowner’s policy will cover the costs of medical expenses or replacing damaged items. 

Home Insurance at Cross Creek Insurance

If you need a homeowner’s policy in Hope Hills, NC, contact us at Cross Creek Insurance. Our agents are ready to discuss your needs and answer any questions you may have.