Why Do We Need Homeowners Insurance? 
Homeowners insurance , and any insurance for that matter , is meant to protect the things we value . Homeowners insurance is to protect your investment in your home . If something catastrophic happens , you want to know that your investment will be protected , and that you will have someone to help you rebuild your home . Without homeowners insurance , YOU would be solely responsible for your home , your belongings , and all of the expenses associated with your loss . With insurance , you may have to pay a small amount -LRB- the deductible -RRB- , but the insurance company is there to make sure that you are taken care of , and not forced to suffer more on top of the suffering you will already have to endure . 