Homeowners Insurance

Protecting your home is not a luxury but a necessity that should be prioritized. It is essential to be prepared against potential damage or theft and not leave it as an afterthought. Homeowners insurance covers your possessions and home against damage or theft. In most cases, if you are planning to buy a house, mortgage companies will require you to have a homeowners insurance policy.

What Is Homeowners Insurance?

Homeowners insurance is a type of financial protection designed to protect your home and belongings from unexpected events like fires, storms, theft, or accidents. Homeowners insurance from Pro Insurance Group covers the structure of your home, your personal possessions, and even liability protection in case someone gets injured on your property. For families, this coverage offers peace of mind, ensuring that their home and hard-earned assets are protected from life's uncertainties.

How Much is Homeowners Insurance?

The cost of homeowners insurance depends on several factors, including the value of your home, its location, the coverage limits you choose, and the deductible amount. For example, homes in areas prone to natural disasters may have higher premiums. On average, homeowners in Illinois could pay between $1,500 and $1,800 annually, but this can vary depending on your home. Call Pro Insurance Group and speak with an agent to help find a policy tailored to your budget and needs.

Is Home Insurance Required in Illinois?

While Illinois does not legally require homeowners to have insurance, most mortgage lenders will require coverage as part of their loan agreements. Even without a lender mandate, having homeowners insurance is a smart choice for Illinois families. It protects against financial loss from damage, theft, or liability issues, offering a safety net that can make recovering from unexpected events much easier.

Read more about special homeowners insurance coverage for Illinois homeowners.

What Does Homeowners Insurance Cover?

Homeowners insurance protects your home, belongings, and finances against various risks. Here's what is typically covered:

• Storms & Inclement Weather: Protects your home from damage caused by wind, hail, and other severe weather conditions, depending on your policy.
• Vandalism & Theft: Covers repair costs or replacement of stolen or damaged property resulting from burglary or malicious acts.
• Dwelling Coverage: Pays for repairs or rebuilding your home if it's damaged by covered events like fire or storms.
• Liability Protection Coverage: Helps cover legal and medical expenses if someone is injured on your property or if you accidentally cause damage to others.
• Other Structures Coverage: Covers structures like garages, sheds, or fences on your property that are damaged by covered risks.
• Loss of Use Coverage: Provides financial support for living expenses if your home becomes uninhabitable due to covered damages.
• Medical Insurance Coverage: Pays for medical expenses for guests injured on your property, regardless of fault.

Ready To Receive A Quote Today?

Provide us with your contact information, select the type of insurance product you are interested in receiving a quote for and a brief description of your coverage needs! One of our experienced brokers will respond to your request in a timely manner.

Will Homeowners Insurance Cover a Rental Property?

Homeowners insurance is not designed to cover rental properties. While it protects your primary residence, a rental property typically requires landlord insurance. Landlord insurance includes coverage for the property itself, liability protection, and possible loss of rental income if the property becomes uninhabitable. If you're renting out part of your home, check with your insurer about adding specific endorsements or obtaining a separate policy for adequate coverage.

Does Homeowners Insurance Cover Natural Disasters?

Homeowners insurance generally covers damages caused by natural disasters like windstorms, hail, and lightning strikes. However, it typically excludes events like floods and earthquakes, which require separate policies or endorsements. For Illinois homeowners, this means you'll be protected against many common risks, but it's essential to discuss specific disaster scenarios with your insurance provider to ensure your home has the coverage it needs.

What Questions Should I Ask About Homeowners Insurance Coverage?

Speak with a local homeowners insurance agent at Pro Insurance Group for personalized advice on the best coverage for your property, it helps you understand local risks and discounts and clarifies policy limits and deductibles to ensure your policy meets your needs.

Contact Pro Insurance Group And Start Homeowners Insurance Coverage Today

Protect your home from unforeseen events by getting the right insurance coverage. By choosing the appropriate homeowners insurance, you can minimize the impact of any future disasters. If you need more information about safeguarding your home with insurance, contact the skilled personal insurance agents at Pro Insurance Group.

Contact the experienced business insurance agents at Pro Insurance Group today by calling 833.619.0770 or by requesting a quote online.