How much Homeowners Insurance do you need? ???????

In Nigeria, owning a home is a huge accomplishment and is usually viewed as an important milestone. For many, homeownership is the culmination of years of hard work and saving. However, owning a home also comes with many risks and responsibilities. 

Homeowners insurance is one of the most important investments to protect your home and your family. It helps safeguard your property and possessions from theft, fire, and other disasters.

It can be confusing and overwhelming, but understanding the basics can help ensure that you get enough coverage.

What is home insurance?

Homeowners insurance is a type of coverage that protects your property against various risks. Some of the benefits of home insurance include the following:

Building cover

This covers losses resulting from fire, accidental damage, and breakage of fixed and sanitary fixtures.

Contents cover 

This covers burglary, fire, explosion, riot, lightning, earthquake, flood, falling of installed objects, and loss or damage to contents while in transit.

Personal belongings cover

For your valuables including passport, driver's license, legal documents, jewellery, watches, musical, sports, and portable equipment, laptops, or any item which you carry outside your home.

What does homeowners insurance cover?

Homeowners insurance covers repairing or replacing your home in case of a covered loss. This includes the structure of your home, its contents, and any additional living expenses you may need if you cannot stay in your home during repairs. 

Homeowners' insurance will also cover any legal liability issues arising from injuries on your property. This is particularly important if you have young children or other vulnerable family members. You never know when something might happen, and someone could slip and fall or be injured in some other way on your property. 

Buy Homeowners insurance from AXA Mansard

AXA Mansard offers a wide range of homeowners insurance products. Our products are designed to help protect your home and your family from a wide array of perils, including fire, theft, wind damage, and more. Our homeowners' insurance policies offer flexible coverage options and competitive rates. 

Protect the things that make your house a home. Each new home represents a brand-new story waiting to unfold. Whether you are a landlord or tenant, let AXA Mansard be part of your journey to protect what matters most – your loved ones, home contents, and property.