There’s no place like home, whether you rent it, own it, make payments on it, or visit it seasonally. A house is more than a place to live – it’s an investment. Protect it and the things you own with insurance from First National Insurance.
Homeowners Insurance
A homeowners insurance policy protects property owners against a wide range of potential losses. As an independent agency, First National Insurance helps connect homeowners with insurers throughout Wisconsin who offer coverage for these types of losses and more. Your home insurance may include coverage for:
Structures
Homeowners insurance covers the structures you own or make mortgage payments on, including the primary structure of your house and most other structures on your property, such as a fence or shed. With the right coverage in place, your property can be covered against damages caused by many different types of loss events, including:
- Fire
- Smoke
- Hail
- Wind
- Theft
- Vandalism
- Lightning
- And more
In the event of a covered loss, insurance can help pay for your damage claim and pay to repair or rebuild your home to its original condition, including the restoration of its interior fixtures and finishes.
Belongings
Personal property insurance covers damage and loss of personal belongings that are part of the permanent features of your home. If burglars break in and steal your TVs and computers, this insurance can help compensate you for their loss. Actual cash value coverage only pays you for the depreciated value of your belongings, but upgrading to replacement value coverage can help you afford to replace damaged items with new ones.
Displacement
If a covered event forces you from your home, displacement coverage can help compensate you for your extra living expenses. While you continue paying the mortgage on your primary house, this insurance can pay for the cost of living somewhere else during the repair process, whether you are in a hotel for a few nights or renting an apartment for a few months.
Liability
This insurance helps protect you against litigation when you or a member or your household is accused of being responsible for third-party injuries or property damages. It can cover your legal fees and court costs, and it can also cover settlements or judgments if you lose your case. Although there are some exclusions, such as for car accidents, liability insurance can help protect you against loss for incidents occurring on your property, as well as those that happen at school, a public place, or elsewhere.
Renters Insurance
If you lease your home, you likely have no financial interest in its structure. Since you do not need traditional home insurance, a renters policy can provide coverage customized to a renter’s needs, with protection for your personal belongings, liability, and the potential for displacement. Talk to an agent to find out how affordable renters insurance can be.
Seasonal/Vacation Home Insurance
Your part-time home cannot get by with part-time coverage. Vacation homes, whether you rent them out or keep them only for yourself, are subject to the same risks as other homes – and in some cases, more. When a home is left vacant for extended periods of time, it could be targeted by vandals. If you rent it to other vacationers, you take on increased liability risks. Not to mention, many vacation properties are located in high-risk coastal areas. If you own one or more seasonal homes, talk to an agent about coverage that can be tailored to meet your needs.
