Why is your mortgage lender requiring you purchase home insurance? While a policy from Twin Bridges Insurance Agency in Albany, NY does provide some protection to your bank, it serves far better to protect the largest purchase you have ever made. What does it really do? Let’s find out.

Rebuild After Disaster Strikes

First off, should the absolute worst thing happen and your house is destroyed by fire, a freak storm, or some other catastrophic accident, you won’t have to give up on the dream of owning your home. Your home insurance policy will help you rebuild the house from the bottom up.  Even if only the roof was demolished, it will pay to have a new roof put on. You can continue to enjoy your home.

Replace Property Lost Due to Theft, Fire, or Damage

It isn’t just about rebuilding. If your home is broken into or vandalized, the personal possessions portion of the policy will replace your lost valuables. If you lost the entire home, all the little things can be replaced like your wardrobe, dishes, linens, and other everyday items that make up a home.  If you had to start from scratch without insurance, consider just how much it would cost to recover.

Protect Your Growing Wealth

As the years go by you might add collections of fine art or make some shrewd trades on the exchange.  Without insurance, you could lose all of it in the blink of an eye.  With the right policy from Twin Bridges Insurance Agency in Albany, NY major accidents and incidents in your life can become little more than inconveniences when your insurance policy protects your savings accounts and investments.

In the end, when you sit down with your agent to discuss your home and commercial insurance needs, you are taking the steps to protect your future happiness and success.