Homeowners Insurance protects homeowners against the many risks associated with owning property. Theft, weather damage, and fires are a few of the most common reasons as to why people make claims.
Theft: During 2013, law enforcement made an estimated 1,559,284 arrests for property crimes according to the latest FBI statistics.
Weather Damage: In 2014, winter storms alone caused an estimated $2.3 billion in insured losses according to the National Weather Service.
Fire: A home structure fire was reported every 85 seconds in the U.S. in 2014 according to the NFPA (National Fire Protection Association).