Getting a home is one of the celebrated milestones one can achieve in life. A home is also a place where you go back to after a long day and find calm. For these reasons, you need to protect it as much as you can from unexpected occurrences. The most effective way of doing this is by getting home insurance cover. At Hanneken Insurance Agency Inc., serving Little Falls, MN, we offer home insurance covers. We are ready to take you through our offers and give you sound advice to ensure maximum coverage of your home.
Below are some of the most common that home insurance covers.
Home Structure Damage
Under this aspect, insurance covers the physical structure of a house against damages. For example, if a roof leak is caused by hail or a storm, the policy may pay for repairs. Some policies also cover damages caused by trees, as long as it’s not out of negligence.
Standard home insurance offers coverage against fires. Mostly, the covers include rebuilding the structure and replacing the possessions destroyed by the ordeal. Some even offer accommodation coverage during the rebuilding period.
Some companies cover plumbing issues that don’t arise out of maintenance negligence. Flood insurance may not be offered in a standard policy but may be available at an additional cost.
Loss Of Personal Property
Some insurance properties offer cover for personal property such as computers, air conditioners, and television sets. They can also cover expensive possessions, including jewelry. Insurance companies usually have a limit on their extent of coverage. That’s why you should read the policy properly before taking it.
A home is a costly investment that needs to be protected against unforeseen calamities. At Hanneken Insurance Agency Inc. serving Little Falls, MN, we have various home insurance coverages you can choose from, according to your individual needs. Contact us to learn more.
There are many terms that are used in the documents you get for your auto insurance policy. Wouldn’t it be great to know what some of the more common ones mean before you have to read over this paperwork and agree to it? Professionals at the Hanneken Insurance Agency Inc. of Little Falls, MN and beyond will discuss anything you want about your auto insurance policy and your questions about this area of insurance in general.
Agreed Value Policy
This is defined as coverage that pays the full insured amount of a vehicle (as well as other types of property) if it’s considered to be a covered total loss.
When a private passenger automobile is at least 25 years old, and it’s been maintained, restored, or preserved by hobbyists, it’s an antique automobile. They may be covered under classic car insurance.
This is coverage for vehicle damage that was not caused by an upset or collision. Some of the instances that can lead to this include vandalism, contact with animals, theft, and weather events.
Gap coverage usually is required if you have a new or financed vehicle. This covers the cost difference between the car’s value and what you’d owe if the car it totaled (determined to be a total loss situation).
The limit is the maximum amount that your policy will pay for events such as medical or liability.
Medical Payments Coverage
This is an element of the standard policy. It covers the medical expenses of those parties who are injured during an accident.
SR-22 Insurance Form
This is the form that your insurance company files on your behalf with the state in which you reside. You’ll typically need it if you commit a serious traffic offense that includes a DUI conviction or driving with a suspended license.
There are many other things you might not recognize in your insurance policy document. Be sure to speak up and ask someone at Hanneken Insurance Agency Inc. of the Little Falls, MN area if you’d like to know more.