In Wisconsin, if you own a car then it is required by law to have car insurance. As for home insurance, it is not required by law to purchase a homeowners policy. However, if you are financing your home though a bank or mortgage lender—you are required to purchase home insurance. This protects the lenders investment in your home. It also protects your finances and your home from any unforeseen events.
Having a lien on your property means that you are required to have homeowners insurance until you have your mortgage paid off. Homeowners insurance is very useful—it not only allows you to have a mortgage, but it also protects you from a variety of perils. Home insurance policies can vary, but theu typically offer protection from fires, natural disasters, theft, and other various events.
Here at Community Insurance & Associates we have a great team of associates that will find you the perfect homeowners policy. It’s crucial that you have protection over your home. We can find you a competitively priced homeowners policy that includes all of the coverage you need.
Whether you are purchasing a home, or simply looking for new insurance options, give any of us a call and we would be happy to help you find the right policy.