Just bought a new house? Congratulations. You can finally settle down with your family in your own space. However, are you entirely safe without insurance? Not really.

If you bought your home through a mortgage in Glen Allen, VA, your lender might have already mentioned the value of home insurance. In fact, it is a requirement by most lenders to protect their investments. At Everett Insurance, we help new home buyers find the essential coverages for their homes to protect their valuables and loved ones.

Home insurance comes with many beneficial coverages, but here are the significant coverages you may want to consider buying first.

1. The dwelling and other structures coverage

Whether you just bought a new or an old home, the first thing you want to do is ensure that the entire dwelling and other structures such as the detached garage, the shed, the fence, gate, and any other separate structure are covered. By dwelling, we mean windows, doors, roof, ceiling, and the walls. The dwelling coverage is essential as it protects the fundamental investment in a fire or natural disaster.

2. Personal belongings coverages

The contents you keep in your Glen Allen, VA house is what we refer to as personal belongings. These include furniture, appliances, electronics, and clothing. Depending on the value of these items, you may want to cover them in the event of a fire, theft, or vandalism. For priceless or highly valuable content, you should consider buying separate coverage to insure them.

3. Property and bodily injury liability

This coverage protects you from financial losses in the event of an accident where other parties are injured at your home, or someone in your family causes property damage to other people. This coverage will pay for medical bills for the wounded and pay lawsuits if you are sued for the damage or injuries.

For all your home insurance needs, feel free to talk to us at Everett Insurance, and we will be glad to walk you through the journey.