4 Things Covered by Home Insurance

If you own a home in Wayzata, MN, it’s a smart choice to understand home insurance to ensure that your hard-earned investment is protected against perils like theft, fire, vandalism, lightning, and so forth. While homeowners’ needs are different, home insurance from Pizano Insurance is likely to cover you in the below areas.

Structural coverage

If your home is destroyed by fire, hurricane, lightning, hail, or any other covered peril, home insurance pays for damages or the cost of rebuilding your home. Detached structures like gazebos and sheds are also covered in case of damage.

However, typical home insurance may not protect your home against flood and earthquake damage. As a result, talk to your agent to purchase separate covers. 

Personal belongings coverage

If stolen or destroyed, home insurance pays for the loss or damage to personal assets like electronics, clothing, and furniture. In light of this, conducting a home inventory is vital to ensure that all your valuables are included in the home insurance coverage plan. 

However, home insurance offers limited coverage to high-value items like jewelry, fur, and silverware. That said, talk to your agent to acquire extra protection.

Liability protection

Suppose your dog bites a neighbor? Or perhaps your son causes bodily injury to your neighbor’s child? Without home insurance, you could be facing expensive financial liabilities. The liability coverage in your home insurance pays for legal costs, medical costs, and property damage for losses caused to other people. 

Pro-tip: If you want more liability coverage than what is offered in your home insurance, consider umbrella insurance for broader coverage.

Additional living expenses (ALE) coverage

If a covered peril destroys your home and becomes inhabitable, home insurance ALE coverage pays for costs above your average living expenses. These expenses include hotel meals and accommodation. 

Next steps: Are you about to own a home in Wayzata, MN? Don’t forget to purchase home insurance from Pizano Insurance. Contact us today for an affordable home insurance plan.

What is Full coverage Car Insurance?

As a car owner in Wayzata, MN, you’ve probably come across the term full coverage insurance. Generally, there is no auto insurance cover that covers everything. It is just a term that is used to describe a combination of coverage that protects you against the state requirements and personal insurance needs. According to Pizano Insurance, there are a few insurance requirements that are usually considered as full coverage car insurance.

Liability Insurance

Liability insurance is a third-party policy that covers all the damages and injuries caused to the other person. In this case, if you cause an accident, you’re liable for medical and repair expenses caused to the other driver. You cannot drive on most American roads without liability insurance because it is a requirement of almost every other state. 

Collision Insurance

Collision insurance is specifically meant for you. It helps in covering your car in case of an accident. This policy helps you in instances where you’re are at fault in an accident. The other party will not be required to pay for the repair expenses you’ll incur. Collision insurance also expands to other repair requirements. It may cover damages caused by objects other than vehicles on the road where you’re at fault.

Comprehensive Insurance

This is one of the most robust insurance policies out there in the country. It covers everything. In essence, comprehensive insurance can be regarded as full coverage auto insurance. Unfortunately, most auto owners do not have a comprehensive insurance policy. It is a costly cover that many people may not be able to sustain.

Can You Get Full Coverage Auto Insurance?

In Wayzata MN, Pizano Insurance can help you get an auto insurance policy that covers everything you may need. However, it will be challenging to get a cover that can address all your auto insurance requirements.

Are you looking for full coverage auto insurance in Wayzata, MN? Contact us for immediate assistance.