25 September 2019
House insurance, a homeowners safety net. It helps break an otherwise nasty, rib breaking fall.
Let’s say you put your house up for rent, and one of the tenants throws an elaborate birthday party that goes a
little out of hand, so out of hand in fact that no one can explain how there is a giant hole in the living room
wall. Or in trying to remodel your home, your brother-in-law says his new construction company can do it at a
cheaper price; you’re not convinced, but he’s family, so you let him do the job and he ends up bursting a water
pipe, now your house is flooded. From reckless human behaviour, theft and unforeseen circumstances, without house
insurance, you’re left to cover for the entire devastation. Which will surely do more financial damage, it is now
up to you to cover the entire cost to repair the home.