Benefits of Home Insurance in Minnesota

In Minnesota, you are not required to obtain a homeowner’s insurance policy but it sure is a good idea. If you have a mortgage on your home, you will be required by the lender to insure your home so their investment, along with yours, is protected.

Your home will be one of the largest investments you will make in your life so you will want to make sure that you secure the best policy possible to protect your home. Between the harsh Minnesota winters and the potential for hailstorms and wind in the spring and summer, you will want to make sure you have coverage for the actual dwelling of your home.

Dwelling coverage protects the structure of your house, including the roof and walls. This type of coverage will cover your home if it is damaged by a fire, vandalism, or natural disasters, such as a tornado or blizzard.

Personal property coverage will cover the items inside of your home if there is a fire or robbery. This includes items like your furniture, stove, refrigerator, and personal belongings.

Other structures on your property can also be insured, such as barns, garages, and sheds. This can even cover a deck or fencing around your property.

Liability protection will protect you and your property from a potential lawsuit if someone is injured while visiting your home and surrounding property or they suffer property damage while visiting your property.

Guest medical protection will pay the medical bills of a person who claims they were injured while visiting your home and property.

Additional living expenses protection is a nice add-on to obtain in the event your home is destroyed or deemed unlivable after a horrific event such as a fire or tornado. This policy will cover the expense for you to obtain new housing at another location.

To create the best home insurance policy, contact the trust home insurance agents at the Hanneken Insurance Agency Inc. in Little Falls, MN today!

Besides Mortgage Lenders, Who Else Can Require You Carry Home Insurance?

You may know that you’re not legally required to carry home insurance. If your home is paid off, you’re generally free to buy insurance or drop it at your own discretion.

But, there may be instances where other parties insist that you carry insurance. This is generally a contractual obligation. This means that if you were to, say, start a work-from-home franchise in your house, your parent company could require that you carry home insurance, and you would either have to buy insurance or end the working relationship.

On a contractual basis, pretty much anything that is legal can be included in the contract. If a contract says that you need to paint your house pink, then you are obligated to paint your house pink.

These may be far-fetched examples, but here’s what is not far-fetched: Your Homeowners Association will almost certainly insist that you carry some form of home insurance at your own expense.

If you own your home, if your home is situated on private land far away from the governance of the nearest HOA, if you haven’t signed a contract with anyone who has any influence on how you manage your own household, you’re free to do as you like. And you’re free to pay the expenses out of pocket should something happen to your home. So even when you have no legal or contractual obligation to insure your home, you still have an obligation to yourself to do so.

If you’re still shopping around for insurance in Little Falls, MN, get in touch with Hanneken Insurance Agency Inc. Hanneken Insurance Agency Inc. can connect you with the policy you need to protect your own little corner of Little Falls, MN.

What Does Home Insurance Cover?

This broad question about home insurance is certainly a good one, especially for those who are buying their first home. The people of Little Falls, MN have every right to understand how to protect their investments, especially when it comes to their home. Hanneken Insurance Agency Inc. wants you to learn more about what’s covered under home insurance, so you know what you’re getting into before you pick a policy. 

It’s Not Everything 

Many people may think that home insurance covers nearly any type of damage to their property, which is one of the more unfortunate misconceptions about home insurance. One of the most glaring exceptions is flooding from the list of natural disasters that are included under your policy. So while you can likely file a claim if several windows were broken from a bad storm in Little Falls, MN, you won’t be able to file for flooding if you sustained water damage because of the open windows. 

In addition, your possessions may not be covered under certain policies. Some home insurance policies will only cover the structure and the grounds, which means that if you’re robbed under this kind of policy, you won’t be able to file a claim. Finally, home insurance doesn’t cover routine maintenance of the home, only damage under a covered event. 

Getting Answers 

There’s no way an insurance policy can specifically account for every event, which is just one of the reasons why policies can be so confusing. If you’re wondering how to steer yourself toward the right coverage for you, contact Hanneken Insurance Agency Inc. It’s our pleasure to give you a quotes, answer your questions, and provide advice that will make it easier to protect the things that matter most to you. 

How Basement Encapsulation Protects Your Home

Many homes in the Little Falls, MN area are seeing improvements in their home when they choose to have their basement encapsulated. In this process, your basement is laid with a vapor barrier that protects this area from outside elements. All the junctions and seams are sealed, and the area is conditioned with either a dehumidifier or HVAC system to keep the area dry and cool. 

Air Quality Enhancement

With a basement encapsulation on your home, the air quality will improve immensely, since mold and mildew will not be able to build. Many basements that do not have this service suffer from mildew and mold which carry through the home, making air quality diminish. For your family members with allergies, this could help them immensely. 

Become More Energy Efficient

Because the basement has undergone this encapsulation, energy bills are showing to be reduced significantly. Power sources do not have to run at the same speed and consistency prior to the encapsulation because the energy is retained longer. This energy retention allows your home to retain its heat in the cooler months, which saves money on utilities and makes this season that much easier. 

Preservation of Ducts and Equipment

Because the energy is being retained within the home longer and the risk of mildew has diminished drastically, the ducts and heating source equipment will last much longer because they are not exposed to these elements and are placed in a conditioned environment. 

Choose Additional Security with Home Insurance

If you live in or around Little Falls, MN, it may be time to add that extra layer of protection with home insurance. At Hanneken Insurance Agency Inc. you can take advantage of our online rating tool for your personal home insurance quote or call us for more information.

How to Increase Your Home’s Security

At Hanneken Insurance Agency Inc. serving Little Falls, MN., we have seen more home break-ins than we would like to. While there is no way to prevent every break-in, the steps and actions you take can help to increase the security of your home and decrease the odds of your home being a target for thieves. Here are a few tips to help you increase your home’s security. 

Make Sure Your Home is Well Illuminated

One of the best ways to protect yourself against burglaries and break-ins is to ensure your home is well illuminated. Using exterior lights around the outside of your home can help you with this task. Trimming back trees and bushes that provide coverage for an intruder can also help. Thieves prefer to stay hidden, so making sure your space is well lit can be a huge deterrent. 

Utilize an Alarm and/or Cameras

Another way to help increase your home’s security is to utilize an alarm and/or cameras. A thief wants to easily get in and out of your home without being seen or heard. If thieves see that you have an alarm system and/or cameras, they may pass your home up. 

Ensure Valuables Are Not Left in Plain Sight

Finally, be sure to keep valuables out of sight. If a thief can look in through a window and see money, jewelry or expensive electronics, your home may be more of a target compared to a home where thieves cannot see anything. 

Having home insurance is important, as it helps to protect against any losses that you sustain as the result of unexpected events, such as a break-in. If you are in the market for a new home insurance policy in the greater Little Falls, MN area, let Hanneken Insurance Agency Inc. help you. Schedule an appointment with one of our insurance agents today. 

How Does Home Insurance Cover Pets?

Little Falls, MN, is a great place to raise a pet. We all want the best for our animal friends, so some forward-thinking individuals might wonder how insurance does and does not protect their pets. The experts at Hanneken Insurance Agency Inc. have scoured policies to give you a clear answer.

Your Pet Is Harmed

Homeowner’s policies typically do not extend coverage to vet bills or the well-being of your pet. While pets are considered personal property under some purviews of the law, it doesn’t include insurance. Pet insurances do exist, but they’re primarily geared towards covering financially valuable pets. This includes purebred dogs and exotic animals.

Your Pet Breaks Things

There’s a reason for that meme where cats are always pushing things off of counters. Pet-caused damage is a normal part of life. It’s not something that will usually be covered by homeowner’s insurance. That’s the policy that’s made for major stuff. So, even though your pet might lovingly break something you value, the home policy isn’t the one to insure it. You can look into alternative policies for pet damage.

Your Pet Hurts Someone

Pets actually account for a significant percentage of personal liability claims every year, even in Little Falls, MN. It’s a pretty standard part of home insurance, but you do need to check the fine print. Some policies exclude covering dog breeds with the highest incidents of bites, for example.

If you want to be 100-percent sure that you have the best insurance for your furry best friend, talk to your representative at Hanneken Insurance Agency Inc. They’ll help you craft a perfect insurance plan to give the best to all of your pets.

HOA vs. Your Home Insurance: Who Covers What?

If you own a home in a gated community or just purchased a newly built house in the Little Falls, MN area, you may pay monthly homeowners association fees.   What does this mean for your home insurance from Hanneken Insurance Agency Inc.? It means you need to know exactly where your property ends and where the HOA begins.

Common Areas Fall Under the HOA

If your HOA mows your yard, shovels the sidewalk, and keeps the pool clean and maintained, then liability and property insurance for those areas will be carried by the HOA. The HOA may actually own the streets, common parking lots, playgrounds, and even drainage systems. If you live in a duplex, double garage doors could even be included in the fees.

If You Maintain It, You Insure It

If your contract with the HOA states that you must maintain the landscaping and exterior appearance of your home, then these areas should be included on your homeowner’s insurance policy.  Your HOA may only own the access roads around the development, but you fully own the lot. Make sure to discuss all the steps, decks, sheds, and other exterior items you are responsible for with your agent to ensure the policy is written correctly.

Ask for Clarification Before Repairing Anything

Should the property around your home get damaged in a storm, from vandalism, or poor construction, before you hire a contractor to fix it and file a claim on your policy from Hanneken Insurance Agency Inc. make sure to check with the office?  If you make changes to an area owned by the HOA, you could end up paying to have the work done again according to their specifications. If you have questions about your Little Falls, MN HOA and your home insurance, give your local agent a call today.

How to Purchase the Right Home Insurance

Protecting your home is a top priority. It’s your refuge, your own space in this large world. Without home insurance, you put this invaluable asset at risk. Whether you have a mortgage or not on your property, having home insurance is a smart way to protect your investment. But how do you find the right home insurance in Little Falls, MN? Read on to find out.

1. Compare Quotes

When shopping around for home insurance, it is best to get at least two quotes to compare. More is better. When you have a few quotes in front of you, you will get a better idea of costs, what’s covered, and other important factors. A qualified agent at Hanneken Insurance Agency Inc. can help you go through each quote to find the best policy.

2. Bundle Policies

If you’re looking to save money on a home insurance policy in Little Falls MN, consider bundling policies together under one insurance company. For example, you can bundle your auto, commercial, boat, RV, and any other insurance policies you have to save money on your premiums. Insurance companies love to reward the loyalty of their customers by offering this bundle savings.

3. Use a Reputable Agent

Finally, choose to work with an agent who has a history of customer satisfaction and who is knowledgeable and easy to work with. This goes a long way when looking for home insurance for your primary residence or even a vacation home.

At Hanneken Insurance Agency Inc. serving the Little Falls area, we are dedicated to finding you the right home insurance at the right price. Our agents are standing by to answer all of your questions and help guide you through the home insurance buying process. 

Special Considerations for Valuable Items in a Home

Standard home insurance policies typically have limits for the coverage of expensive items in a home. Homeowners that have valuable items such as family heirlooms, jewelry, artwork, expensive electronics, home theater systems and more, benefit from getting extended coverage to protect them. Talk with your agent at Hanneken Insurance Agency Inc. serving Little Falls, MN and the surrounding area to better understand any limits under your existing home insurance or new insurance that you are considering.

Here are some tips about what to do to make sure valuable items have adequate protection and insurance coverage under a home insurance policy and/or extended coverage:

  • Make a Home Inventory: A home inventory is a list of all the valuable items in the home with any information that is available about the purchase price or replacement costs. Take photos of the items and record a video walkthrough of the home showing the placement of the valuable items in the home.
  • Appraisals: Have valuable items appraised by a qualified appraiser. Keep this information about the appraisal in a fireproof safe or off-site to avoid losing the information when it is most needed.
  • Install a Home Security System: Home security systems with video monitoring of the premises are a good deterrent to help prevent home burglaries.
  • Safeguard Valuables: Along with a home security system, having a home safe makes it more difficult for burglars to steal smaller personal items such as jewelry.
  • Update Coverage When Necessary: When things change and valuable personal items are acquired or sold, update insurance coverage appropriately. Often overlooked, are valuable items that are received from an estate as part of an inheritance.

The easiest way to make sure insurance coverage is adequate is to work with your agent at Hanneken Insurance Agency Inc. in Little Falls, MN. Make an appointment to go over the coverage offered by an existing home insurance policy and to add or update extra coverage for valuable personal items as needed.

It is Time for Spring Cleaning. Do You Know How You Can Prolong the Life of Your Home?

Most people consider their home their greatest financial asset. For some it can be a financial strain, the balance is often in the shape of the home.  There are certain spring cleaning chores that will make sure that your home stays safe and attractive for many years to come because an ounce of prevention is worth gold. Hanneken Insurance Agency, Inc. serving Little Falls, MN and the surrounding areas know the true value of a home and can cover your greatest asset in home insurance year round. 

Ways to Prolong Life of Your Home Each Spring

  • Check for winter water damage. If a little water got in then froze it may have cause warped roofing or attic materials which can allow in more water and ice next season. Checking for winter water damage is a vital way to prolong the life of your roof and to prevent further damage and costs. 
  • Sweep roof and clean out gutters. This chore ensures that the debris is not rotting against roofing material, a rotting roof can spread damage throughout the attic quickly and mold or water damage can be hard to get rid of. 
  • Clean any debris away from the footing of home, trim any extra brush. These materials will naturally rot and this rot can spread the home depending on the building materials. The debris also encourages bugs to hang out near the home so clearing out any organic matter is vital. 

Contact us at Strack Insurance Services if you want to protect your home in case of unforeseen damage. We serve Little Falls, MN and the surrounding areas.