Monthly Archives: January 2023

Don’t Leave Your Home Unprotected – Get Homeowners Insurance

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Are you thinking of becoming a homeowner? Do you live in or near the Wayzata, MN area? If so, Pizano Insurance can help you with the coverage you need for your home.

Why is homeowners insurance important? First of all, if the homeowner carries a mortgage on the property, all lenders will require the home to be insured to protect their interests.

A typical policy will protect the homeowner against a lawsuit if someone is injured while on your property. If Fido bites someone, the insurance will cover it. Liability coverage pays the injured party’s medical bills and any property damage. The insurance will also pay attorney expenses if necessary.

Homeowners insurance will pay to replace or repair your home if it is destroyed or damaged by a weather event or other natural disaster, except floods. Always remember to purchase enough insurance to replace your home and its contents. Approximately 75% of homeowners do not have enough insurance coverage.

Insurance will reimburse you for the value of your property inside the home, including furniture, appliances, clothing, and other personal possessions.

Medical costs such as surgery, x-rays, ambulance rides, and hospital stays are covered if a visitor is injured on your property.

For most people, our home is the biggest single investment we will ever make. Homeowners insurance will protect the equity in your home, which is the difference between the value of the property and what is owed. As improvements are made to the home, the equity increases.

Make sure this investment is protected. Don’t risk losing your home to a weather event or someone becoming injured on your property. The peace of mind this coverage offers is worth the cost.

Pizano Insurance, serving the Wayzata, MN area, can provide answers to any questions you may have. Contact our team today. You will be glad you did.

When should I add my teen driver to my auto insurance policy?

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As a parent, you are likely aware that adding your teen driver to your auto insurance policy can be a costly experience in Wayzata, MN. But when? In this blog post, Pizano Insurance looks into this question.

When Should I Add My Teen Driver? 

If you plan on allowing your teen access to one or more vehicles, it will be important for them to be listed on the family’s policy as soon as possible. 

What Are My Options? 

Once you have decided that it’s time for your teen driver to join the family auto insurance policy, several options are available. Some standard options include non-owner liability coverage, which covers only liability; comprehensive/collision coverage, which covers personal property damage; and full coverage, which includes both property damage and bodily injury protection. You may also want to consider adding rental car reimbursement coverage or uninsured motorist protection if applicable. 

How Can I Lower Costs? 

Adding a teen driver does not necessarily mean that premiums will skyrocket overnight—there are plenty of ways for parents to keep costs down. Many insurance companies offer discounts for young drivers who take specific safety courses or get good grades in school. Additionally, many companies will offer multi-car discounts if multiple vehicles in the household are insured under the same policy.

Ultimately, when it comes time to add a teen driver onto an auto insurance policy, it’s important for parents in Wayzata, MN to understand their options and look into any potential discounts that might apply before deciding what type of coverage is best for their family’s needs. Do you still have questions? Contact Pizano Insurance today – we are here for you.