If you live in the state of Illinois and are thinking of becoming a homeowner, you might wonder whether you need homeowner’s insurance. Our team of insurance experts at Green Family Insurance Inc can provide you with a guide. Here we talk about the reasons homeowner’s insurance might be a good idea, and who it would benefit.<\/p>\n
Location: Some states require you to have home insurance, but the state of Illinois is not one of those states.<\/p>\n<\/li>\n
Construction: This refers to the materials that your house was built out of.<\/p>\n<\/li>\n
Age of the house: Is your house newly built, or is it an older house with upgrades?<\/p>\n<\/li>\n
Replacement costs: This means how much it will cost to rebuild the same house. This is usually assessed by an appraiser.<\/p>\n<\/li>\n
Swimming pool: If you have a swimming pool, costs might be higher because of the extra liability of owning a swimming pool.<\/p>\n<\/li>\n
Home-based business: a home-based business usually has more equipment that needs to be covered, so the cost might be higher to cover the extra equipment.<\/p>\n<\/li>\n
Coverage: The type of coverage and the policy that you choose will determine how much the homeowner’s insurance will cost.<\/p>\n<\/li>\n<\/ul>\n
Even if homeowner’s insurance is not required by the state of Illinois, your lender still might require you to purchase it before you sign with them.<\/p>\n
Personal property coverage<\/p>\n<\/li>\n
Personal liability and medical payment to others<\/p>\n<\/li>\n
Dwelling (property damage to home)<\/p>\n<\/li>\n
Wind\/ hail<\/p>\n<\/li>\n
Hurricane damage<\/p>\n<\/li>\n
Additional living expenses\/ loss of rent<\/p>\n<\/li>\n
Damage from tornados<\/p>\n<\/li>\n<\/ul>\n
Stop by or contact us here at Green Family Insurance Inc. in Illinois if you have any insurance needs, questions, or concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"
If you live in the state of Illinois and are thinking of becoming a homeowner, you might wonder whether you need homeowner’s insurance. Our team of insurance experts at Green Family Insurance Inc can provide you with a guide. Here we talk about the reasons homeowner’s insurance might be a good idea, and who it […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[12,11],"class_list":["post-60","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-green-family-insurance-inc","tag-illinois"],"_links":{"self":[{"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":1,"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/60\/revisions"}],"predecessor-version":[{"id":61,"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/60\/revisions\/61"}],"wp:attachment":[{"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=60"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=60"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greenfamilyinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}