Buying insurance sometimes feel like buying air. You pay for something that you may never use or need. Some people don’t buy insurance because to them it feels like a waste of money to buy something you might never get back. However, there are a number of mandatory requirements to buy insurance, which includes the following:
- Buying a Home: It is nearly impossible to own a home without insurance because mortgage lenders need to have proof that your home is protected. The lender or mortgage company needs to be sure its financial investment in your home is protected should it be damaged or destroyed by a fire or anything else. A local agent can help you buy a homeowners insurance policy that fits your needs
- Driving a Car: The Road Traffic Act of 1988 stipulated that all motorists must be insured against their liability to others. You want your expenses covered if you cause damage to other drivers, passengers or pedestrians. You can also choose to expand your insurance to have your car protected against theft or other damage.
Buy insurance in Tampa Bay from All Star Insurance, a leading provider of personal and commercial insurance policies. Call 813-689-7767 today for a free, no-obligation quote.