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"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t