Your house is one of your most prized – and expensive – possessions. Protect it with an Indiana home insurance policy that goes the extra mile for you and your family. Here at Insurance Broker Direct, we know how quickly a home and everything in it can be lost in a fire. We also know how devastating it can be to pick up the pieces and start all over again. That is why we work to connect our customers with quality and affordable home insurance that sets the foundation for a more secure financial future.
Why Purchase Home Insurance?
Unlike your vehicle, Indiana laws do not require that homes be insured. However, mortgage lenders often require borrowers to purchase home insurance to protect their financial investment in the property until the balance is paid in full. Even then, going without coverage is never a wise idea. All it takes is one major storm, fire, or even a lawsuit to put everything you own at risk – including your financial future.
Types of Indiana Home Insurance Coverage
Home insurance policies in Indiana typically include multiple types of coverage. Though the details of each policy will vary between insurers, the ultimate goal of these coverage types is to provide a comprehensive insurance solution that minimizes your overall risk exposure. Some of the most common home insurance coverage types include:
Dwelling and Other Structures
This is the portion of your insurance policy that pays for the rebuilding or repair of your home and the other structures on your property, such as fences and sheds. It may cover your losses according to the actual value or the replacement value depending on which coverage you select. Dwelling insurance claims are subject to the deductible established in your policy, which is often set at $500, $1,000, or perhaps a percentage of the total coverage on the home.
Everything you own could be at risk if a fire destroys your home. Personal belongings insurance ensures you can get a fresh start without a financial burden when you need to replace your furnishings, décor, electronics, appliances, and more.
Temporary Living Expenses
Where would you go if your family was suddenly displaced from your home? If you need to find temporary shelter after a covered event, your insurance can help cover the cost of your living expenses, including lodging, food, and more.
As a homeowner, you are financially and legally responsible for injuries occurring on your personal property. The guest medical payments coverage in your policy can help ensure injured visitors get access to medical care right away. Likewise, the liability coverage follows you outside of your property, covering bodily injury and property damages you, your family member, or your pet caused in a non-collision event.
Affordable Indiana Home Insurance
We believe that home insurance should be reliable and affordable. You should never have to sacrifice one for the other. At Insurance Broker Direct, we shop and compare policies on your behalf until we find the most competitive rates on the coverage you need. We also work hard to uncover valuable discounts that could lower your cost of coverage. Some of the most common discounts include:
- Bundling or multiple-policy discounts
- Multiple car discounts
- Claims-free discounts
- Safe home discounts
- And more!
For more information about Indiana home insurance or to request your free quote, contact our office today.