Monthly Archives: February 2018

The Importance of Reassessing Your Home Insurance Needs

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When it comes to taking care of your home, one of the first things you will want to do is make sure you have insurance coverage on it. And not only will you need to invest in insurance, but you will want to review your policy every now and again to make sure it is still meeting your needs. Let’s take a closer look at the importance of reassessing your home insurance needs and making appropriate changes to your policy when necessary. 

Living in Wayzata, MN

Owning a home in Wayzata, MN is most certainly something to be proud of. This part of the state features breathtaking scenery and lots of fun activities for the family to enjoy. And while it does tend to stay cold up near Wayzata for many months throughout the year, it actually provides residents with a few months as well. In fact, it is not uncommon for some homeowners in Wayzata to have swimming pools in their backyards. Adding a swimming pool to your property is a great example of why you need to reassess your home insurance needs every so often. 

When you add a swimming to your property, this boosts the overall value of your home; this is why you need to let your insurance company know that you are in need of additional coverage. Also, swimming pools come with certain risks. Your insurance policy will need to make sure you are protected against these risks, so reassessing it will help ensure you have the right coverage. 

To learn more about home insurance in Wayzata, please contact the Pizano Insurance company today. We can even help you with your auto insurance too. 

Do I Need Car Insurance Above the Required Liability Coverage?

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We all know that most require us to carry minimum liability insurance on our vehicles.  That’s the law so we get the minimum and consider ourselves sufficiently covered.  That may not entirely be the truth.  First, understand that liability insurance covers the cost of repairs to the other person’s vehicle if you are deemed to be at fault.  Bodily injury and property damage are the two areas covered by liability insurance.  These policies will provide funding for medical expenses and damage caused by an accident where you are liable.  It should be made clear that a minimum liability coverage will provide no monies to cover your own vehicle repairs and medical costs in an accident where you are deemed responsible.  The agents at Pizano Insurance, serving the Wayzata, MN and Albertville, MN areas, can talk with you about what your policy really covers. 

If you are leasing or financing a vehicle, the lender may require that you carry additional insurance protection.  Many lenders require collision and/or comprehensive coverage policies.  This protects their financial interest in the vehicle until the debt is paid off.  Even if you own your vehicle, you should consider the financial protection these more encompassing policies can offer you.  With you will pay a higher premium each period, if you are in an accident, you have a higher level of safety.

From home to auto or commercial insurance needs, the team at Pizano Insurance serves the needs of the Wayzata and Albertville, MN areas.  They can help ensure that you have adequate insurance coverage based on your current needs.  Periodically, you can have your agent review your policy should your lifestyle or needs change.  Visit their website then visit their office for the coverage you need.