From a first-time homeowner to an experienced driver, everyone should understand that protecting your finances starts with having the right home and auto insurance plans. Home and auto insurance plans that provide comprehensive coverage come with several benefits. Here's how having the right coverage can pay off.

1. Asset Protection

Having the right home and auto insurance plans helps to protect your investments. For example, the insurance company will pay for the home repairs if a fire breaks out in your home. If you're in an auto accident and have comprehensive coverage, the insurance company will pay for the brunt of the repairs. According to the Insurance Research Council, on average, a claim for a home pays out about $8787. That is over $8000 you would not have to pay out-of-pocket for repairs. Insurance clearly helps to protect your assets.

2. Safety Net

Insurance provides a financial safety net that goes beyond repair bills. You can't control everything in life, but insurance can help minimize the blow of the cost of unexpected events. Comprehensive insurance for your home and your auto ensures that when the unexpected happens, it doesn't completely deplete your savings account. Life is full of twists and turns that can impact your finances if you're not protected. Storm damage, accidents, theft, and more can all be costly life events. Having comprehensive coverage ensures you have breathing room in every situation.

3. Peace of Mind

Comprehensive home and auto insurance plans deliver peace of mind for anyone who has them. The right insurance alleviates the stress and worry of covering the cost of events out of your control. Instead of stressing about how you will pay for roof repairs after a storm, you can focus on getting back to life and letting the insurance company handle the costs. Good home and auto insurance mitigates financial risk, protects your assets, and helps you build a strong financial picture. Insurance provides essential support during some of the most trying times. It is nice to know you're covered.

Insurance is one of the best investments to protect your finances. Choosing the right insurance coverage tailored to your needs and circumstances is essential to financial planning. Learn more about home and auto insurance plans that are right for you by calling Hartke Insurance today.