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What are the 3 reasons you need homeowners insurance?

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What are the 3 reasons you need homeowners insurance?

This question is from Insurance topic

The question was posed to me in a job interview.

Other related questions to my question are:

What are the 3 reasons you need homeowners insurance?

What are the 3 basic levels of coverage that exist for homeowners insurance?

Why do I need homeowner insurance?

What is most important for homeowners insurance?

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Correct answer is: - 1) It protects your home and other property.   

- 2) It protects your liability and includes essential allowances.   

- 3) Your lender may require it.   

- 4) It's easy to get started.

The title of my answer can be 4 Reasons Why You Need Homeowners Insurance

The heading of my answer is Here's why homeowners insurance is essential:

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