You put a lot into making your house your home. From the carefully selected furnishings and décor to the family and laughter that fills the space, it is important to protect your property with a Wisconsin home insurance policy that fits your needs. Here at Erica Boll Insurance, we understand the unique risks New Holstein area homeowners face, and we know how to build a personalized insurance policy that minimizes your exposure to risk. We make it easy to shop and compare coverage and rates from multiple insurers until you find the policy that is right for you.
Home Insurance Covered Perils
There are different types of home insurance policies, each of which differs in the types of perils they cover. Some may offer restricted coverage to only certain types of hazards, whereas others may offer broad coverage for all events except those specifically excluded in the policy. At Erica Boll Insurance, our job is to help you understand exactly what your policy does and does not cover and help you get the protection you want and need. We can offer home insurance that protects against:
- Fire and Smoke
- Hail, Ice, or Snow
- Falling objects
- Certain types of water damage
- And more
Types of Wisconsin Home Insurance Coverage
A typical home insurance policy features multiple types of coverage that work together to protect you against financial loss. These include:
Dwelling and Other Structures
You invested a lot when you purchased your home. Protect that investment with a home insurance policy that covers the cost of rebuilding or repairing your house in the events of a partial or total loss. We offer coverage that protects your home from foundation to roof and extends to other structures such as garages, fences, and sheds. Simply choose a deductible that you will be responsible for paying in the event of a claim, and your insurer can handle the rest.
If your home is burglarized or goes up in flames, how much would it cost to replace everything you own? Personal belongings coverage is designed to reimburse you for the loss of your possessions, including items that may be kept or stored away from home. If you have high-value items, such as expensive jewelry or firearms, talk to a team member here at Erica Boll Insurance to find out how you can schedule additional protection on your policy. We can also help you increase your personal belongings coverage to include the cost of replacement instead of reimbursing you based on the depreciated value of your items.
Loss of Use
If the damage to your home leaves it uninhabitable, you may need to find somewhere else to live while your house is repaired or rebuilt. Despite still having a mortgage to pay for your damaged home, you might also need to cover the cost of a short-term apartment lease or an extended stay at a hotel. Loss of Use coverage can help pay for your displacement expenses, from lodging and meals to other costs, such as Laundromat fees.
Medical Payments and Liability
Finally, your home insurance policy should include high-limit liability coverage that will protect you against any lawsuits that are brought against you due to the actions or negligence of someone in your household. This can include third-party injuries and property damage that occur on your property or away from it.
If you are sued, your insurance can help cover your defense costs and any financial responsibility you have up to the limits of your policy. Any damages that exceed those limits are your responsibility to pay, whether from current savings or future income. Be sure to talk to a team member here at Erica Boll Insurance about how you can increase the limits of your homeowner’s liability coverage and perhaps back up your protection with a high-limit umbrella policy.
If an accident occurs on your property that results in a third-party injury, a separate section of your policy called Medical Payments Coverage can help pay for medical bills regardless of who is at fault. Though it does not absolve you of liability, this coverage could be enough compensation to help prevent a potential lawsuit.