The biggest asset for most people is their home. Lose that, and you will likely lose a big part, if not most, of your net worth. Even if you don't own, but rent, you can still easily lose all your belongings in a sudden fire or other disaster. That's where homeowners and renters insurance comes into play. Homeowners insurance will protect your property, whether it's a ranch in the country or a condo in the city. Homeowners insurance will not only cover a home structure, it can cover the contents as well. Of course, all of this depends on how much coverage you purchase and whether you have any add-ons, known as endorsements, attached to your policy for extra coverage or protection of special or valuable items. Protect your home from losses such as these
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