{"id":25,"date":"2021-04-26T04:00:00","date_gmt":"2021-04-26T10:00:00","guid":{"rendered":"https:\/\/www.carywheelerins.com\/blog\/?p=25"},"modified":"2021-04-26T16:09:51","modified_gmt":"2021-04-26T22:09:51","slug":"is-home-insurance-required-in-virginia","status":"publish","type":"post","link":"https:\/\/www.carywheelerins.com\/blog\/is-home-insurance-required-in-virginia\/","title":{"rendered":"Is home insurance required in Virginia?"},"content":{"rendered":"<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">Your home in Richmond, VA is beautiful and a sign of your financial success. It would be best if you had a home insurance policy that protects your prized asset in more ways than one. The agents at Cary-Wheeler &amp; Associates Inc. can help you understand indemnity coverage for your home so that you purchase the best policy for your lifestyle.&nbsp;<\/span><\/span><\/p>\n<h2><strong><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">What does home insurance cover?<\/span><\/span><\/strong><\/h2>\n<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">A standard home insurance policy pays for damage to the structure as well as possessions inside the home. The best indemnity coverage also pays for medical bills if a guest is injured while visiting your home.&nbsp;<\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">Most standard home insurance policies do not pay for natural disasters such as flooding and fires caused by heavy winds. Homeowners need additional coverage to pay for these events.&nbsp;<\/span><\/span><\/p>\n<h3><strong><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">Is home insurance required in Virginia?<\/span><\/span><\/strong><\/h3>\n<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">There is no state law requiring all homeowners to obtain home insurance in Richmond, VA. Owners with mortgages funded by the federal government are, however, required to have home insurance.&nbsp;<\/span><\/span><\/p>\n<h3><strong><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">How much indemnity coverage do you need?<\/span><\/span><\/strong><\/h3>\n<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">The amount of home insurance you need depends on your lifestyle preferences as well as the market value. It is best to choose a policy worth at least 80 percent of your property&#8217;s&nbsp;value to avoid coverage restrictions in the instance of total disaster.&nbsp;<\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">It would be best to consider an indemnity policy that protects treasured possessions such as antiques and keepsakes that have more sentimental value than market worth. A standard home insurance plan may not provide enough financial compensation if such items are destroyed.&nbsp;<\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"background-color:#ffffff\">The agents at Cary-Wheeler &amp; Associates Inc. can help you put together a home insurance plan that protects your assets. Call them today to request a quote for coverage!<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your home in Richmond, VA is beautiful and a sign of your financial success. It would be best if you had a home insurance policy that protects your prized asset in more ways than one. The agents at Cary-Wheeler &amp; Associates Inc. can help you understand indemnity coverage for your home so that you purchase [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[10,9],"class_list":["post-25","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-cary-wheeler-associates-inc","tag-richmond-va"],"_links":{"self":[{"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/posts\/25","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/comments?post=25"}],"version-history":[{"count":1,"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/posts\/25\/revisions"}],"predecessor-version":[{"id":26,"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/posts\/25\/revisions\/26"}],"wp:attachment":[{"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/media?parent=25"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/categories?post=25"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carywheelerins.com\/blog\/wp-json\/wp\/v2\/tags?post=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}