My blog

Risks of not taking home insurance

If you have a home whether as a homeowner or a tenant, getting home insurance should at the top of your list. You should want to give getting home insurance the same priority that you would give to buying home appliances. Not taking home insurance comes with some risks. Some of such risks are discussed subsequently. You could suddenly become homeless The respite we get from our home is something that we would never appreciate until our home is suddenly not there again. Have you ever sat down to imagine going out and then coming back and then you suddenly find out that there is no home to return to. When you do this, you might get to appreciate having a roof over your head and why it is very important to protect the home with every means possible. Irrespective of how much we try to protect our home, there are a lot of things that could make us lose our homes. It could be natural disasters like a storm or flood or artificial like the house being set on fire. Irrespective of the means through which you lost your house, the implication is that you would not have a place to live in. if you did not have home insurance and enough money to get yourself a permanent or temporary place immediately, you could be forced to relocate to an IDP, under the bridge or roam the streets. You could lose all of your property Another major risk of not having home insurance is that you could lose all of your property. In most cases, an event that will make you lose your house will most … [Read More...]