When you decided to buy a home, you made a practical, emotional, and financial investment in your family’s future. A house is not only a major commitment, but also a tremendous asset. Losing it to a major disaster could cost you everything and leave you with nothing; that is unless you have the right home insurance to back you up in times of need. Homeowners insurance helps to insulate you from the financial risks associated with certain covered events.
Imagine spending two weeks on the vacation of your dreams in Europe. You return home to find that a pipe burst, destroying all of your flooring, baseboards, furniture, and some of your electronics. It will cost tens of thousands of dollars to replace everything and repair all of the damages. Could you afford to shell out the cash, especially after a major vacation?
Home insurance takes the wheel when everything is spinning out of control. It provides peace of mind in knowing that you will be taken care of in the midst of a covered loss. Though no one wants to be in a position that warrants a claim, you could save thousands and possibly millions of dollars if your home is destroyed or you are sued.
What’s Covered by Wisconsin Home Insurance?
In Wisconsin, homeowners insurance is typically a package policy that includes more than one type of coverage. These are broken down into four types of insurance protection:
- Property and Dwelling
- Additional Living Expenses
- Personal Liability
- Medical Payments
First and foremost, your property and dwelling insurance is the coverage you need to protect the structure of your home and its contents against certain covered events. These typically include weather-related events like lightning and windstorms, as well as unexpected incidents, such as fire, vandalism, and falling aircraft. In general, policies typically cover the clean-up and debris removal expenses, home repair, and the replacement of damaged and destroyed belongings. Insurance can also pay for your temporary living expenses if you are displaced from your home following a covered event.
In addition to your home and belongings, Wisconsin home insurance can also provide liability protection if you, your pet, or someone in your family causes injury or loss to another person in an accident that is not auto-related. It can also help pay for any medical expenses if someone is injured while on your property.
Finding Home Insurance in Wisconsin
When the time comes to purchase insurance for your home, it pays to explore your options. Wisconsin already has some of the most affordable homeowners insurance rates in the country, and comparing rates from multiple providers could save you even more. At Carrigan Insurance, we know that every penny counts. We help the average, everyday customer compare rates from several of the state’s leading insurance companies until we find a policy that provides the right coverage at an affordable rate.
We customize insurance plans to meet the individual needs of our customers. That could mean raising a deductible to help lower the cost of premiums or combining multiple lines of coverage to qualify for a bundling discount. We can also help with specialized coverage needs, such as insurance riders for certain types of valuables or additional liability insurance.
If you are in search of Wisconsin home insurance, don’t get lost in a crowded market. Rely on the personalized service of Carrigan Insurance to help you get the coverage you deserve.