Protecting Your Assets

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Homeowners and rental insurance not only protects your dwelling but also the contents of your home. Whether you own or rent the contents of your home can be one of your biggest assets and protecting your assets is very important. The information contained in your insurance policy defines what is protected and varies from policy to policy; you need to know what protection you have in case of a problem. Furthermore, these policies provide liability protection and legal costs in case a lawsuit is brought against you.

If you don’ t have insurance you are responsible for protecting your possessions and liability exposure. If your home burns down, or flames from a neighbor’s home destroys your dwelling, you are still responsible for your mortgage and any rebuild. Should something happen to your home or your possessions, do you have enough cash available to deal with all of the inherent problems?

Please see full article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Howard Ankin | Attorney Advertising

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