Appleton Homeowners Insurance

Your Complete Guide to Appleton, WI, Homeowners Insurance

(How to find a reliable home insurance policy at an affordable price)

Residents of Appleton who own their home or are thinking about purchasing a home in this Wisconsin community need insurance to protect their property. A homeowners insurance policy isn't one-size-fits-all, though. 

Finding the right policy at a great price is easy with help from an independent insurance agent in Appleton. They'll help you compare customized quotes from multiple companies so you can get the best possible coverage for your situation. 

How Much Does Homeowners Insurance Cost in Appleton, WI?

Home insurance in Wisconsin is a lot less expensive than the national average. Even so, shopping around helps you get a great rate without sacrificing essential coverage. 

  • National average yearly premium: $1,173
  • Wisconsin average yearly premium: $750
  • 49th most expensive homeowners insurance in the country

Averages help you understand what to expect, but they don't dictate your premium. To understand how much you'll pay for insurance on your home, you'll need to get quotes from several reputable insurance companies. 

Each insurer has its own way of calculating premiums. Here are some of the factors that insurance companies consider: 

  • The size, age, and value of your home
  • The type of home you are insuring
  • The crime rate and weather risks in Appleton
  • Your claims history 
  • Your credit score
  • Whether you have additional risks (swimming pool, trampoline, a large dog, etc.)

When you compare quotes, you'll get an idea of how much coverage you can afford. When you work with an independent insurance agent, you'll get multiple quotes from different insurance companies. 

Does Appleton Homeowners Insurance Cover against Catastrophic Events?

Your home insurance in Appleton covers you against many common hazards that could cause property damage or the loss of your home. Make sure you purchase enough insurance to repair or rebuild your home in the event of a catastrophic weather event or fire.

Catastrophic Events in Wisconsin

  • Number of federally declared disasters in Wisconsin since 1953: 46
  • Most common reasons for disasters in WI: Severe storms, lightning, flooding, and tornadoes
  • The average number of tornadoes per year in Wisconsin: 23.5
  • Home insurance claims $585,360,000

Residents of Appleton are most at risk for damage caused by storms, hurricanes, heavy snows, freezing temperatures, water main breaks, and wind. While these common problems are usually covered by a home insurance policy, damage from flooding is not covered. 

If you have concerns about flooding, talk with your agent about purchasing a stand-alone flood insurance policy through the National Flood Insurance Program (NFIP).

Why Do Appleton Homeowners Need Liability Insurance?

A liability lawsuit can be extremely expensive and stressful. Your home insurance provides personal liability coverage for covered events such as:

  • A visitor falls down your stairs and requires medical attention. 
  • Your child runs their bike into the neighbor's car leaving a deep scratch.
  • Your dog escapes your yard and bites a jogger.
  • You leave a negative review for a business online and they sue you for libel.

Your agent can explain exactly how your liability insurance policy works. They can also talk with you about whether you should purchase additional protection like an umbrella insurance policy, which provides higher liability limits. 

Does Appleton Homeowners Insurance Cover against Burglaries?

The burglary rate in Wisconsin is lower than the national average, and it's even lower in Appleton. The police received 131 burglary reports from Appleton residents in 2018. 

  • Number of burglaries per 1,000 homes in the US: 4.69
  • Number of burglaries per 1,000 homes in Wisconsin: 3.36
  • Number of burglaries per 1,000 homes in Appleton: 1.75

Having your home broken into is very stressful. If you have a good home insurance policy, you'll be reimbursed for the damaged or missing property after a covered event. This includes damage to your home that happens when the thief is breaking in, such as broken windows and broken locks. 

Your agent can help you understand how home insurance helps protect you financially if your home is broken into. They can also recommend a good home security system that could help you get a discount on your insurance premiums. Home security systems also serve as an effective theft deterrent. 

What about Second Home and Vacation Home Insurance?

If you own a vacation home or second home, you'll need special insurance to protect that investment. A home that isn't your primary residence may have certain risks that require different insurance. 

A second home that's occupied by tenants has a higher statistical risk of being damaged. Landlord insurance can help you protect your second home if you rent it out. 

Vacation homes that are frequently unoccupied have a higher risk of break-ins and property damage. Vacant home insurance is necessary to adequately protect this type of property. 

Your agent can help you choose an insurance company that has a good reputation for offering solid landlord insurance and vacant home insurance. You'll get the best possible coverage at a great rate. 

Why Work with an Independent Insurance Agent in Appleton, WI?

Finding the right combination of home insurance policies isn't easy, but with help from an Appleton independent insurance agent, you'll get the protection you need at a price that works with your budget. 

Agents in Appleton are ready to help you find a reliable insurance company by comparing customized quotes. Contact an agent today to get started.

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http://www.naic.org/prod_serv/AUT-PB-14.pdf

https://www.census.gov

http://www.city-data.com/city/Appleton-Wisconsin.html

https://www.fema.gov/data-visualization-disaster-declarations-states-and-counties