Your home is one of your most important purchases, not only because of its monetary value, but also because of its personal value. More than just a house, your home is the place where you reminisce, dream for the future, and experience life with your family. While ownership has its risk, home insurance gives you the power to protect your property, income, and assets against the unexpected. Whether you live in an old farmhouse, a brand new build, or just splurged on a small vacation home, we here at G&L Insurance have the coverage you need to safeguard your family against loss.
Types of Home Insurance Coverage
Home insurance is complex and comprised of many different types of coverage, each of which can be personalized to meet your needs. By paying careful attention to your personal risk factors and the details in your policy, a knowledgeable agent in our office can help to prevent gaps in your coverage that might otherwise leave you vulnerable to major risk. Your home insurance policy may include:
Liability Insurance
As a homeowner, you can be sued for any injuries that occur as a result of negligence on your property or for any injuries or property damage you or a member of your household causes while away from home. From dog bites to slip and fall accidents, risks are everywhere for the average homeowner. Fortunately, liability coverage helps cover your financial responsibility in such scenarios, helping to cover the cost of medical payments, legal fees, and judgments against you.
While most homeowner liability coverage starts around $100,000, we typically recommend raising those limits to as much as $300,000 or $500,000. Higher limits lower the chance of coming up short of your liability in a lawsuit. If you have a large net worth or expect to have several years of future income, talk to your agent about supplementing your personal liability coverage with an umbrella policy from G&L Insurance.
Property Damage
There are many hazards and perils that could threaten your home’s structure and the other structures on your property, such as a garage, fence, or a shed. Property insurance helps cover you against structural damages caused by certain types of events, such as fire, wind, hail, snow, theft, and vandalism. If your home is damaged or destroyed due to a covered event, your property insurance helps pay for it to repaired or rebuilt.
Personal Belongings
The things inside your home are probably worth nearly as much as the house itself. Replacing damaged belongings after a fire or another covered event can be expensive without the right coverage. Here at G&L Insurance, we can offer insurance that takes care of your personal belongings floor-to-ceiling, from the rugs on your floor to the furniture that fills each room. We can also answer questions about your personal protection options and show you how a home inventory can help make any future claims much easier.
Personal Belongings Riders
Some items in your home might have greater value than others. Since home insurance typically limits coverage of certain categories to between $1,000 and $2,000, you may need additional coverage for things like firearms, fine jewelry, and furs.
Loss of Use
Sometimes home damage creates an uninhabitable space. If you need temporary shelter while your home is rebuilt or repaired, your insurance can help cover the cost of lodging, meals, and other household expenses.
West Bend Home Insurance Quotes
If you own a home in West Bend, Milwaukee, or anywhere throughout the Badger State, let the team here at G&L Insurance provide you with coverage that is custom-tailored to meet your needs. Call us today to request your free home insurance quote. We look forward to serving you soon.
