Homeowners Insurance in Las Vegas, NV
Your home is a significant investment worth protecting. Unfortunately, your property may be susceptible to many risks, making it unclear where to start. Goh Insurance & Tax is here to help you understand your homeowners insurance options.
What Does Home Insurance Cover? 
Home insurance is designed to cover various risks common to home ownership. A standard policy may include the following options, among others:
- Coverage for the home’s structure
- Coverage for additional structures on the property (e.g., a shed)
- Coverage for personal property
- Coverage for third-party liability claims (e.g., a guest slipping within your home)
Critically, home insurance doesn’t cover everything. Flooding and earthquakes are common exclusions; however, these perils can be covered with additional insurance.
How Much Does Home Insurance Cost?
The cost of home insurance can vary significantly based on factors such as:
- Home location
- Home age and condition
- Chosen deductible
- Coverage selections and coverage limits
- Credit score
- Past claims history
Home insurance is largely customizable, so you may be able to adjust some of these factors to help reduce your premium costs.
How Much Homeowners Insurance Do I Need?
Home insurance isn’t typically a legal requirement and selecting the right policy may come down to personal circumstances. You usually want to ensure your policy covers the full replacement cost of your home, which is the amount needed to rebuild it from the ground up. Additionally, consider the value of your personal belongings and any additional structures on your property. Liability coverage limits should also be sufficient to protect your assets in case of a lawsuit.
If you have a mortgage or are subject to a homeowners association, you may be required to have certain levels of coverage.
Consulting with Goh Insurance & Tax can help you evaluate your needs and choose suitable coverage levels. Request a free instant quote.