We’ll match you with the right property insurance for your situation.
If you purchase a home, be it your primary residence, vacation home, or investment property, and you have a lender, you will be required to obtain property insurance and keep it in force for as long as the mortgage has a balance still owed. Once the home is paid off or if you purchased it with cash to begin with, you are not required to have property insurance, but it is usually advisable to do so. Here at Curtis Helms Insurance, we encourage everyone to keep their investments sufficiently insured, not only because of the potential for the partial or complete loss of the home, but also for the contents and liabilities involved with being a property owner.
There are many types of property insurance policies with some specific to the type of property and others relating to what coverage you desire, or your lender requires. For example, property insurance for a condo is different than a single-family home because you don’t need coverage for aspects that the HOA takes care of. Another example is obtaining property insurance just for contents as a tenant or to cover just the building if you are a landlord. We take the time to learn about the property to be insured, requirements the lender is enforcing, how you will use the property, the personal belongings you need covered, and your risk tolerance level. We also provide the best in personal attention in the Charlotte, North Carolina area.
Whether you are looking to obtain replacement property insurance for a property you already own or would like to discuss coverage on a property you will close on soon, don’t hesitate to contact us.