Homeowners Insurance in Middleton, WI

Experts break down home insurance costs, coverages, companies, and more for Middleton, Wisconsin's homeowners.

Written by Meg Stefanac
Written by Meg Stefanac

Financial blogger and business owner, Meg Stefanac, has more than 15 years experience working in the financial services industry and enjoys helping individuals make solid financial decisions. Meg has extensive experience writing about insurance and finances and is a key contributor to TrustedChoice.com.

Reviewer: Jeffrey Green Reviewed by Jeffrey Green
Reviewer: Jeffrey Green
Reviewed by Jeffrey Green

Jeff Green has held a variety of sales and management roles at life insurance companies, Wall street firms, and distribution organizations over his 40-year career.  He was previously Finra 7,24,66 registered and held life insurance licenses in multiple states. He is a graduate of Stony Brook University.

Large craftsman home with blue siding and three car garage. How to Find the Best Homeowners Insurance in Middleton, WI.

Home to about 22,000 people, the small city of Middleton offers its residents exceptional schools, well-kept parks and facilities, and numerous events and celebrations. If you own a house in this Madison suburb, you can protect your investment by purchasing a comprehensive homeowners insurance policy.

Local independent agents can help you find comprehensive yet competitively priced coverage for your Middleton home. Find an independent insurance agent near you to get more information and start reviewing customized home insurance quotes from some of the area's most highly rated insurers.

What Is Homeowners Insurance, and Is It Required in Middleton, WI?

Homeowners insurance is a policy designed to protect your investment in your house and property and to shield you from losses related to liability lawsuits.

If you are still paying on your mortgage or carry a home equity loan balance, your lender will likely require you to maintain homeowners insurance coverage. Once you own your house outright and the title is clear, this insurance is optional but highly recommended.

How Much Does Homeowners Insurance Cost in Middleton, WI?

On average, homeowners insurance rates in this state are lower than the national average. In fact, Wisconsin is within the top five least expensive states for home insurance coverage.

  • National average annual premium: $1,211
  • Wisconsin average annual premium: $779

Overall, home values in Middleton are higher than they are throughout most of Wisconsin. Therefore, as a property owner in this city, your homeowners insurance rates will likely exceed the state average.

Insurance companies calculate premiums according to several factors, such as:

  • The type of home you are insuring (e.g. single-family detached house, multi-family home, condo, townhouse, manufactured home, etc.)
  • The year your house was built and the materials used in its construction
  • Your home's size in square feet and its rebuild value
  • The crime rate and weather risks in your neighborhood
  • Your insurance claims history and credit score
  • The size of your deductible
  • Whether you are bundling your home coverage with another policy like car insurance

No two insurance companies calculate rates in the same way. This means you should expect to be quoted different prices from every company you contact. Comparison shopping lets you choose the policy that offers the coverage you want at the most affordable rate. 

What Does Homeowners Insurance Cover in Middleton, WI?

Homeowners insurance provides three types of coverage:

  • Property coverage
  • Displacement coverage
  • Liability coverage

Each of these coverage types is described in greater detail below.

How Does Homeowners Insurance Cover Your Property in Middleton, WI?

Homeowners insurance is designed to cover loss or damage to your property with three fundamental types of coverage:

  • Dwelling insurance (Coverage A): This covers damage to your home's structure and built-in appliances like its furnace and water heater.
  • Other structures insurance (Coverage B): This covers damage to structures on your property that are not attached to your house, such as storage sheds, fences, and gazebos.
  • Contents insurance (Coverage C): This covers loss or damage to your personal property like your furniture, clothing, electronics, and plugged-in appliances.

Your policy can protect you against most of the risks you may face as a property owner in northern Wisconsin, such as:

  • Property crimes like burglary and vandalism
  • Fires, including damage caused by flames, smoke, and firefighting efforts
  • Falling objects like tree branches and hailstones
  • Severe weather like thunderstorms, windstorms, winter storms, and tornadoes

You will want to ensure that your coverage limits are high enough to enable you to rebuild your home and replace all your personal property if a catastrophic event like a tornado destroys your home.

How Does Homeowners Insurance Cover Residents of Middleton, WI against Displacement?

Middleton has a very high risk for tornado activity. An average of two twisters touch down in the Middleton area every year. The most destructive to strike in the area was an F5 tornado that touched down in 1984.

If your home sustains significant damage caused by a disaster like a tornado or a structure fire, you may be displaced from your home until repairs can be made. Fortunately, your home insurance policy's loss of use insurance (Coverage D) can help.

If damage from a covered event leaves your house unsafe for habitation, your loss of use insurance can cover your extra living expenses, including things like:

  • The cost of a hotel, temporary rental home, or other reasonable accommodations
  • Meals and groceries
  • Moving and storage fees
  • Mileage reimbursement if you have to drive further to get to work
  • Pet boarding
  • Laundry and dry cleaning costs

Loss of use insurance coverage can continue until your house is brought back up to code and is safe to move back into or until you have purchased or built a replacement home.

What Kinds of Liability Risks Can Home Insurance Cover in Middleton, WI?

If you or someone in your household is responsible for an accident, mishap, or negligence that causes someone else to experience significant injuries, financial losses, or property damage, you could find yourself facing an expensive liability lawsuit.

That is why your home insurance policy includes personal liability protection. Homeowners liability insurance (Coverage E) is designed to absorb expenses like court costs, legal fees, settlements, and judgments associated with covered liability lawsuits.

If you want even more liability protection than your home insurance policy can provide, an independent insurance agent can also help you secure an umbrella insurance policy. This secondary coverage offers an affordable way to boost your liability coverage well beyond the limits of your primary policy.


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Do Residents of Middleton, WI Need Flood Insurance?

Home insurance covers damage caused by many hazards but excludes coverage for floods. FEMA warns that just one inch of rainwater in your house can generate as much as $25,000 in property damage. A lack of protection against floods can leave some Middleton homeowners feeling vulnerable.

The good news is that Middleton's flood damage risk is minor. Only around 160 homes in this city have at least a 26% chance of sustaining significant flood damage over the next thirty years.

A local independent agent can help you review flood maps to determine whether your house is among those at risk. If so, your agent can help you supplement your home insurance with an affordable flood insurance policy through the National Flood Insurance Program (NFIP).

How High Is the Burglary Rate in Middleton, WI?

The burglary rate in Wisconsin is lower than the national rate, and in Middleton, the rate is even lower. This is not to say the risk does not exist in this city. Middleton residents report an average of 37 burglaries a year.

  • Number of burglaries per 1,000 residents in the US: 3.76
  • Number of burglaries per 1,000 residents in Wisconsin: 2.43
  • Number of burglaries per 1,000 residents in Middleton: 2.14

It can be very stressful to be the victim of a burglary. However, you may gain some comfort in knowing that if you are the victim of a property crime, your home insurance can help. Your insurance company can reimburse you for your lost property and any damage criminals may have caused to your home.

You may qualify for rate reductions on your homeowners insurance if you have security features like deadbolts, surveillance cameras, and burglar alarms installed in your house. Be sure to ask about this and other potential home insurance discounts when requesting quotes from prospective insurers.

Where Can I Find Cheap Homeowners Insurance Near Me?

Nobody wants to spend a lot of money on insurance. However, buying the cheapest homeowners insurance policy you can find is not necessarily the most cost-effective way to protect one of your most valuable assets.

If you skimp on your coverage to save a few dollars on your monthly payments today, you may be stuck spending a lot more later on if a disaster causes significant damage to your home.

The cheapest policies typically have very high deductibles and limited coverage. For instance, you may receive actual cash value instead of replacement cost reimbursement for your lost or damaged property.

Very cheap policies may also be written by insurance companies that provide poor customer service and leave you waiting a long time to receive compensation when you file a claim.

Independent agents can help you review policies from various reputable insurers. You can choose the policy that provides the coverage you want at the most competitive price. It might be a little more expensive than the low-cost policy you were looking at, but it will have greater value in the long run.

What Are the Best Homeowners Insurance Companies in Middleton, Wisconsin?

The best homeowners insurance companies are the ones that have a consistent record of proven reliability, responsive customer service, rapid claims processing, and competitive rates.

Independent agents in Middleton have teamed up with some of the best homeowners insurance companies in Wisconsin, so they can help their clients find suitable yet affordable coverage.

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

You can turn to an independent agent in Middleton when you want answers to your insurance-related questions, need the advice of a trusted professional, or just want help finding the best and most affordable coverage for your home.

Arrange an obligation-free consultation with an independent insurance agent near you to discover how easy it can be to compare customized, competitively priced home insurance quotes from a variety of reliable insurance companies.

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