Illinois Homeowners Insurance
Your home might be your greatest financial asset, and Hanway Insurance wants to help you protect it. Homeowners insurance is a form of property insurance designed to protect an individual’s home against damages to the house itself, or to possessions in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property.
Hanway provides the best homeowners insurance coverage for various different types of homes such as: mobile homes, modular homes, single family dwellings, condos, townhomes, and multi-family homes.
Quick Facts about Homeowners Insurance in Illinois
- If you and your family have to move out of your home due to a covered loss, your additional living expenses of the hotel and meal costs can be covered under a homeowner’s policy.
- Your dwelling amount needs to match the rebuild price of your home, not your loan amount.
A homeowner’s policy can provide the proper coverage for your structure using a calculated amount of coverage based on the material and size of your home. The contents inside are also covered from theft, fire, and many other perils that could take away your personal property. When others come onto your premises, you are responsible for any damage that may occur to them. In Illinois liability and medical payments coverage to others are included in a homeowner’s insurance policy.
There are also additional add-on coverages available for your homeowner’s policy to ensure the protection of your valuables such as jewelry, electronics, artwork, and antiques. It’s important to talk to your Hanway agent or representative to learn what your homeowner’s policy may and may not cover. For those perils that are not covered, there may be supplemental insurance you can purchase as well.