What You Need in a Home Insurance Policy

The most valuable asset that you will ever own will likely be your home. Since it is such a big part of your life and financial net worth making sure it is very well and it is extremely important. For those that are in the Wayzata, MN area, picking the right home insurance policy is very important.  There are a variety of different types of coverage that should be included in your policy.  

Property Coverage

The first item that should be included in your home insurance policy is an adequate amount of property coverage. Property coverage will provide you with insurance coverage in the event your home is damaged or destroyed by storm, fire, vandalism, or other significant loss. This part of your home insurance policy should ideally also include and amount of money to cover temporary housing in the event you have to move out of your home.

Liability Coverage

Another type of coverage to include in your policy is liability insurance. Whenever you have somebody visit your home, you are taking on some responsibility for them. If they happen to get hurt on your property, even if it is not your fault, you could end up being sued for liability. Your liability insurance part of the homeowner’s policy will provide you with coverage for this.

Additional Personal Property

If you have available personal items, such as jewelry or collectibles, they may not be covered under your base policy. If this is your situation, you must make sure that you kept an additional policy to cover these items specifically.

For those that own property in the Wayzata, MN area, being properly covered by a home insurance policy is very important.  To ensure you are adequately covered, it would be a good idea to reach out to Pizano Insurance. Pizano Insurance is well experienced in helping people determine their insurance needs and get into a policy that provides the right level of coverage.  

Benefits of Having Auto Insurance

Having car insurance in Wayzata, MN is a requirement of the state. With the right level of coverage, it offers financial protection in case your car is involved in an accident, or it is damaged. It also caters for expenses such as treatment of injuries and damages to other passengers, drivers, and pedestrians. Accidents happen all the time, and they are unpredictable. It is therefore wise to know that you are financially prepared for such incidents. Pizano Insurance provides you with comprehensive auto insurance offering you with many options for you to choose the best.

Auto insurance comes with numerous importance which includes;

Helps you to protect your finances

In a scenario where you are liable for an accident, you will be held responsible for expenses associated with the crash. These include medical fees if there are any bodily injuries involved, lost compensation and legal cost. Liability policy helps you pay for such expenses. Without the coverage, you will be needed to go back to your pocket to cater for the losses.

Helps you protect your passengers

The medical payments policy and personal injury coverage help to cater for your medical bills if you get injured in an accident. It also assists you to pay for your passengers’ damages due to the crash. It may cater for doctor bills, surgery, and hospital visits.

It helps to satisfy loan or lease requirements

If you plan on leasing your car, or you want to finance it with a loan, you may require having a collision and comprehensive policy. The coverage is to help you protect your investment since during the period, your leasing agent or lender is the holder of your vehicle. Having auto insurance will help for repair or replace the car if it is damaged during the period.

Having the right auto insurance coverage goes beyond fulfilling the state’s legal requirement. Auto insurance policy helps you protect your vehicle, your finances and offers you peace of mind. If you are in Wayzata, MN, and seeking to buy auto insurance, contact us at Pizano Insurance and let us help you decide on which policy will work best for you.