How to Insure Your Second Home

For some in Baraboo, WI, owning a vacation home is a financial goal and a dream come true. However, as with any investment, you put a lot of money and time into making your second home feel like home. Having the proper homeowners insurance to protect your second home can ensure your vacation property is protected against damages caused by fire, wind, and home burglary. In some cases, you may need a separate insurance policy to cover your second home. For more information about insurance for a second home, call the experts at Johnsen Insurance today. 

What Is Vacation Home Insurance? 

For those with a second home, vacation home insurance provides coverage for the home they do not live in full time. Second homes are sometimes viewed as a higher risk because they are not occupied all the time, which puts them at a greater risk of theft, home invasion, and vandalism. Additionally, by not being at the second property all the time, it could take longer to identify water damage, increasing the number of damages. 

What Does Vacation Insurance Cover? 

Vacation insurance policies are similar to, but not identical to, homeowners insurance policies. However, a vacation insurance policy is written more around the perils the property may experience. For example, the policy for the second home may be written around the possibility of fire, smoke, lightning, explosions, and theft occurring. Liability coverage may also be included should anyone get injured while on your property, even if you are not there. 

When owning a second home in Baraboo, WI, you want to ensure you have the proper insurance coverage to protect you and your investment. Call the agents at Johnsen Insurance today to discuss the different insurance options for your second home. 

What are the benefits of having home insurance in Wisconsin?

In the Baraboo, WI area, there is no better long-term investment than to purchase a home. Those that buy real estate here will enjoy a lot of long-term benefits along the way. To ensure that your home and investment are protected, you should get a home insurance plan for your property. 

Insurance Will Protect Valued Asset

A key reason you should get home insurance for your Wisconsin property is to protect your valuable asset. A property in Wisconsin will take a major investment that you will want to protect as well as you can. If you invest in a home insurance plan, it will give you the coverage needed to repair or replace the property if there is a lot of damage.

Insurance Offers Protection Against Liability Risk

You will also want to get a home insurance plan because it can protect against liability risk. Anyone that is going to own property will have some personal liability risk that they take on. If there is ever an accident that you are responsible for, the damages could be significant. Fortunately, this risk can be mitigated if you do get home insurance that includes liability protection.

There are many reasons why home insurance is a good investment for any property owner in the Baraboo, WI area. Since picking a policy is such a big decision, it would be a good idea for you to contact the team with Johnsen Insurance to discuss your insurance needs. The team with Johnsen Insurance can offer you the support that is needed to assess your risks. They can then help you build a policy that will offer the right coverage to protect you and your home. 

Tips for Buying Home Insurance in North Carolina

Owning a property is one of the ultimate dreams that everyone desires to achieve in their lifetime. Home insurance is an outstanding coverage that one needs after acquiring a new home because it guarantees protection against some unanticipated eventualities. Our agents at Johnsen Insurance in Baraboo, NC will ensure that the excitement of owning a house will be affirmed by helping you acquire a salient home insurance policy that will suit your needs and budget.

What should I look for before buying home insurance?

  • Look for multiple policy discounts: Buying several policies from one company is cheaper than buying from different insurance companies. Some insurance companies may be able to offer you multi-policy discounts or loyalty programs if you buy two or more policies from them.
  • Understand what’s covered: Ater acquiring home insurance policy, you must understand its details. This ranges from understanding the deductibles, liability coverage as well as property coverage clauses hence culminating into a desirable coverage. Some coverages leave out vagaries of nature like earthquakes, tsunamis, flooding as well as damage from hurricanes. 
  • Know your home’s value: This will prevent you from insuring a home for less than its worth and also protecting it for more than its worth. It minimizes paying higher premiums for an overvalued house.
  • Maintaining a good credit history: Observing reputable credit history lowers your insurance cost. Insurance companies are using insured credit information as a basis of pricing home insurance policies.
  • Raise your deductible: The higher the deductibles, the more money you save on your premiums.
  • Contact at least three companies to compare coverage: Conduct thorough research from different reputable insurance companies to shop for the most spectacular policy. Be sure you get the right type and amount of coverage by shopping for value, not necessarily bottom priced policy.

Congratulations on becoming a first-time homeowner! For more information, quotes, and queries about home insurance, call or visit our Johnsen Insurance website in Baraboo, NC.