Home insurance things to think about
Whether you own a condo in Algoma, a freestanding home in Sister Bay or an apartment in Door County, you own something valuable. One of the best ways to protect your financial investment in your property is through home insurance. Stoneman Schopf can help you with best value homeowner’s insurance in and around Algoma, Door County, Egg Harbor, Fish Creek, Sister Bay, Sturgeon Bay, WI.
We all face risks and most of these risks have financial implications. Insurance is not about gaining or winning. It is about not losing. What would you lose if your home was destroyed by a fire and you did not have the right level of protection? Of course fire is only one of many risks you and your property face on a daily basis. There are man-made disasters and natural disasters. Either one can cripple you financially if you don’t have proper home insurance.
Homeowner’s insurance can be complicated though. That is why it is a good idea to get some expert advice from your local independent agent. For example, home insurance has many parts. There is liability cover, there is fire cover, there is wind cover, there is coverage for valuables and so on. But apart from the risks that are covered there is also the amount up to which those risks are covered. Some risks might not even be covered by your standard homeowner’s policy. For example, flood damage will not be covered by your normal home insurance.
When it comes to home insurance you need to be aware of what is covered, what is not covered and what the limitations and limits are. You can only make sound decisions if you have the right information. The last thing you want is to submit a claim only to find out that that particular event is not covered or that you are covered for substantially less than you thought.