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Millennial's Guide To Homeowner's Insurance When purchasing their first home, millennials are required to understand homeowners insurance to financially protect their investment: A homeowners insurance covers the house, personal property in it and other structures. It covers damages such as fire and lightning, accidents, thefts, etc. It also offers liability coverage to cover injury or property damage for visitors visiting your house. If you borrow a mortgage to fund your purchase, the lender may require you to buy a homeowners insurance. To decide the amount of coverage, consider the type of property, things you will have onsite, kinds of hazards that might be there in the area. For millennials, it is important to consider the budget and have a homeowners insurance coverage that is affordable. www.shawncampinsurance.com Shawn Camp Insurance Agency, Inc. 2705 E. Stan Schlueter Loop, Suite 101 , Killeen, TX - 76542 Phone: (254) 526 - 0535 Image Source: Designed by Freepik