Is Home Insurance Required in Arkansas?

Home insurance is one of the most important investments you can make as a homeowner. Unfortunate events do happen and insurance prepares you for the worst, particularly in the financial sense. Residents of Waldron, AR and the surrounding areas should be well informed on the benefits of home insurance and why it’s a smart financial move. The team at The Owens Agency LLC is here to help guide you through this process. 

Most lenders require home insurance as part of the mortgage contract you sign when purchasing a home. If you worked with a lender to secure a home loan, it’s very likely that they require insurance to protect the investment they’ve made in you.

But more than that, home insurance protects the most important asset in your life to date. A home is a huge responsibility and a massive financial investment. Failing to protect your home can lead to many different disastrous outcomes; the most common type being financial hardship or ruin. If disaster strikes and you’re without insurance, the out-of-pocket costs can be brutal to handle on your own. 

Insurance alleviates this headache by covering the majority of these costs. From natural disasters to dangerous weather, fire, theft, and more… home insurance is essential to protecting your home and your money, and to have peace of mind that if anything happens, you’re safe and your important asset is covered.  

If a new or updated policy sounds like something you need, don’t hesitate to reach out to the team at The Owens Agency LLC. We’re proud to serve the residents of Waldron, AR as they navigate homeownership and we’re happy to help you find a policy that works for you and your family. Let’s talk!