The importance of houseowners� insurance :: Mmegi Online

Home ownership is one of the largest personal investments we will make in our lives and a significant achievement for most of us. Buying or building a new house is a decision that affects our personal finances and comes with a lot of responsibilities, hence the need to ensure that all the necessary measures are in place including security, maintenance and insurance.

Houseowners insurance, also known as Homeowners insurance essentially provides financial protection against unforeseen events such as natural disasters. Houseowners insurance covers your house, including outbuildings, fixtures and fittings, perimeter walls and pool's pavings against loss, destruction or damage arising core perils.

The core perils include; fire, lightning, explosion, storm, wind, water, snow, bursting, leaking or overflowing of apparatus, theft, impact, rent and liability.

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