{"id":88,"date":"2022-12-30T04:00:00","date_gmt":"2022-12-30T10:00:00","guid":{"rendered":"https:\/\/www.westcoins.com\/blog\/?p=88"},"modified":"2022-12-30T12:58:32","modified_gmt":"2022-12-30T18:58:32","slug":"homeowners-insurance-dont-be-without-it","status":"publish","type":"post","link":"https:\/\/www.westcoins.com\/blog\/homeowners-insurance-dont-be-without-it\/","title":{"rendered":"Homeowners&#8217; Insurance &#8211; Don&#8217;t Be Without It"},"content":{"rendered":"<p><span style=\"color:#333333\">Are you thinking about a home purchase? Will you have a mortgage on the property? If so, homeowners insurance coverage is mandatory. Westco Insurance LLC, serving the Colorado Springs, CO area, can provide the necessary coverage for your purchase.<\/span><\/p>\n<p><span style=\"color:#333333\">This coverage is important because it pays for damage and losses to your property in the event of a burglary or fire. When you have a mortgage, the lender wants his interests protected. Homeowners insurance will do that. That is why a lender will require proof of this coverage.<\/span><\/p>\n<p><span style=\"color:#333333\">As soon as you sign the contract for the home purchase, it is a good idea to begin shopping for homeowners insurance. That way you have time to get the policy in place prior to closing on the property.<\/span><\/p>\n<p><span style=\"color:#333333\">There are three major reasons why a homeowners insurance policy is needed.<\/span><\/p>\n<ul>\n<li><span style=\"color:#333333\">It provides comprehensive coverage<\/span><\/li>\n<li><span style=\"color:#333333\">It provides protection against lawsuits<\/span><\/li>\n<li><span style=\"color:#333333\">It protects the equity you have in your home<\/span><\/li>\n<\/ul>\n<p><span style=\"color:#333333\">Four things make up a standard homeowners insurance policy. It includes coverage for the dwelling (home), other structures (garage, storage shed), personal property, and liability coverage.<\/span><\/p>\n<p><span style=\"color:#333333\">There are some things that typically are not covered by homeowners insurance. A standard policy will not include coverage for valuable artwork, jewelry, collectibles, damage caused by a flood or earthquake, and identity theft protection.<\/span><\/p>\n<p><span style=\"background-color:white\"><span style=\"color:#333333\"><span style=\"color:#202124\">Loss of use and medical payments coverage is also included in the policy. Loss of use coverage kicks in if you cannot occupy your home after a covered event occurs. <\/span><\/span><\/span><\/p>\n<p><span style=\"background-color:white\"><span style=\"color:#333333\"><span style=\"color:#202124\">The medical payments portion of the policy covers the medical bills of those who are injured on your property but does not include members of your household.<\/span><\/span><\/span><\/p>\n<p><span style=\"background-color:white\"><span style=\"color:#333333\"><span style=\"color:#202124\">If you are thinking of purchasing a home, <a href=\"https:\/\/www.westcoins.com\/contact-us.html\">contact<\/a> the professionals at Westco Insurance LLC today for a no-obligation quote or answers to any questions you have. You will be glad you did.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you thinking about a home purchase? Will you have a mortgage on the property? If so, homeowners insurance coverage is mandatory. Westco Insurance LLC, serving the Colorado Springs, CO area, can provide the necessary coverage for your purchase. This coverage is important because it pays for damage and losses to your property in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6,11],"class_list":["post-88","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-colorado-springs-co","tag-westco-insurance-llc"],"_links":{"self":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts\/88","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/comments?post=88"}],"version-history":[{"count":1,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts\/88\/revisions"}],"predecessor-version":[{"id":89,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts\/88\/revisions\/89"}],"wp:attachment":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/media?parent=88"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/categories?post=88"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/tags?post=88"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}