Who in New Hampshire should consider getting home insurance?
Home insurance is a protection that virtually every New Hampshire resident should consider if they own a house. Recovering from the financial costs of rebuilding might be impossible without coverage.
For the many residents who have taken out a mortgage to purchase their house, some level of insurance coverage for the physical structure is usually mandated by the lender’s loan agreement. The same is often true if taking out a home equity line of credit (HELOC) after paying off an initial mortgage.
Regardless of any lender-stipulated coverages, however, most homeowners would be well-advised to carry home insurance that has robust protections.
Even beyond any lender stipulation, home insurance is strongly encouraged due to the vital protections it provides.