Monthly Archives: November 2018

Tips to Help You Get a Home Insurance Cover

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Acquiring home insurance is a necessity for it covers you in cases of unexpected predicaments either natural or artificial. Also, homeowners’ requirements change over the years, and this highly depends on their new locations and what they prize as insurable. It’s in their best interests in preparation for potential occurrences that they require an insurance cover. The priority is to search for a reputable insurance company, and Pizano Insurance serving Wayzata, MN provides the necessary assistance for this need. Here are tips on getting a reliable home insurance policy.

Know what to cover

You should be precise on the items that you want to be insured. These are contents that are within and outside the home. The cover should include roof damages, broken doors/windows, and breakdowns of air-conditioners and boilers. Note that under the Minnesota Department of Commerce laws, it’s the duty of a public adjuster, not the building contractor, to settle a claim for damages on repairs covered in an insurance contract.

Physical location

The premium rates that you pay are significantly affected by the location of your residence. Living in secluded areas doesn’t necessarily reduce the insurance rates if difficulty in accessing your home slows the response of emergency teams. Ensure from your insurance company on the policy of canceled or false alarm calls to fire departments for there are charges on this.    

Mortgage requisite 

Banks demand a letter of indemnity from your insurance company in all mortgages. The purpose of the letter is to describe what it’s covering in your property. This is usually as a summary in every buying of a home. 

So if you think of buying, rent or you own a home, contact Pizano Insurance, serving Wayzata, MN for a suitable home insurance. They understand the homeowners’ needs and value their homes.

 

Will Your Auto Insurance Repair or Replace Your Damaged Vehicle

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In Wayzata, MN, many people assume their regular auto insurance will repair or replace their damaged vehicle after an accident. In truth, your insurance can repair or replace your vehicle, but you need the proper insurance options for that to happen. Pizano Insurance offers the right choices.

What Basic Insurance Does and Does Not Cover in Minnesota

In Minnesota, required auto insurance coverage includes:

Personal Insurance Protection (PIP) – Covers some medical expenses and lost wages to someone injured after an accident.

Liability – Covers bodily injury and property damage from an accident if you’re at fault. Note the injury and damage coverage applies to others, not you. Liability also helps with lawsuits against you.

Uninsured and Underinsured – Protection when accidents occur with someone with no insurance or not enough insurance to cover damages.

While these minimum requirements help, you may notice they include nothing about fixing or replacing your damaged vehicle after an accident.

Which Insurance Options Cover Vehicle Damage Specifically

For more robust protection and the ability to repair or replace your vehicle after an accident, you need two additional forms of coverage:

Comprehensive – When damage to your vehicle occurs outside of a normal car accident, comprehensive coverage can pay for repairs to your car. For example, damage from theft, fire, animals, or anything else fall under comprehensive coverage.

Collision – If your car takes on damage from a collision with another vehicle, collision coverage can repair it.

As these are optional coverage choices in Wayzata, MN, it’s important you know if your policy includes them or not. Don’t wait until an accident occurs before you find out. In addition, the amount of collision or comprehensive coverage you have will dictate how much the insurance company can pay out for repairs or replacement.

Pizano Insurance offers collision, comprehensive, and other important auto insurance options. Contact us today to learn which auto insurance options will work for your specific situation.