Homeowners Insurance

If you’re like most homeowners in Nebraska, your home is your most valuable asset and should be protected as such. Husker Insurance understands that when your home is damaged or destroyed, you need a comprehensive and protective policy that is specific to your unique needs.  This is why Husker Insurance works to provide the most valuable combination of tailored coverage, quality service, and competitive pricing.

Homeowners insurance is one of the most important insurance policies you could ever own. It is important to understand that no two homeowners insurance policies are created equally. Different insurance companies offer different levels of coverage, different endorsements riders, as well as different conditions and limitations. Our agents at Husker insurance go over every aspect of homeowners insurance so that you find the exact policy that fits you perfectly.

Nebraska Cheap Homeowners Insurance

If you are not using an independent agent in Nebraska, like Husker Insurance, it can be impossible to tell the difference between two homeowners insurance policies. You want to be sure you are getting the proper coverage for your needs and not only relying on the cheapest option.

Whether you rent or own, insuring the place you call home can help protect you financially if you suffer a loss due to fire, theft, vandalism, or other tragic events that are covered in your policy. It will also cover you in the event that someone is injured on your property and wins a legal battle brought against you.

Nebraska Homeowners insurance policy options differ in the way by which losses are covered, which coverage you choose, and what type of residence you own or rent. At Husker Insurance we are here to help you with all your specific coverage needs.

Common Homeowners Insurance Coverage

These are some common coverage options you will typically see on a homeowner’s insurance policy:

  • Dwelling— This is the portion of your policy that covers the actual structure (main house). The cost to replace your home can fluctuate from time to time, based on the cost of raw material, labor, and of course, supply and demand. At Husker Insurance we run a replacement cost analysis on your home to see how much it would actually cost if the worst happened to your house and you had to rebuild.
  • Other Structures— This policy covers any structure on your property that is not permanently attached to your house such as fencing, driveways, sidewalks, and detached buildings such as sheds and garages. Usually, this coverage is 10% of whatever your dwelling limit is, but can be increased if you desire more coverage.
  • Personal Property— This policy covers all of your personal belongings such as clothing, furniture, electronics, and appliances; basically, anything that would fall out of your house if you turned it upside down, and shook out the contents.
  • Loss of Use— This covers your living expenses if you need to live somewhere else temporarily, in the event that your primary home is uninhabitable due to a loss.
  • Medical Expense—This covers medical expenses for guests if they are injured on your property. In certain cases, it also covers people who are injured off of your property. This policy does not cover health care costs for you or other members of your household.
  • Family/Personal Liability— Personal liability coverage applies if someone is injured or their property is damaged and you are to blame. The coverage generally applies anywhere in the world. When choosing your liability coverage limits, it is important to consider how much money you make and the assets that you own. Your personal liability coverage should be high enough to protect your assets if you are sued. In some situations, an umbrella policy may be necessary to provide extra coverage.
  • Scheduled Personal Property— There are some situations where you might purchase special coverage for valuables or collectibles like jewelry, guns, rugs, etc.

Every home is unique and therefore requires a carefully crafted policy. If you would like us to review your current policy and provide you with no obligation quotes, call me today or click on our get a quotes page to get the process started.

Nebraska Insurance Tips and Coverage Options

Husker Insurance Tips for Nebraska Homeowners Insurance

  • Wind/hail claims are very common in Nebraska and can be unnecessarily costly if not insured properly.  The first mistake some people do to save money is accepting “actual cash value” instead of “replacement cost” on their roofs.  The actual cash value of a roof, even fairly new, is nowhere near what it costs to replace that same roof.
  • Personal property should also be covered with “replacement cost” and not “actual cash value”.
  • Frozen pipes can be a big problem when the weather changes.  Take smart steps to avoid this situation such as removing exterior hoses, opening up cabinets to increase air flow, and if necessary letting your faucets drip.

Nebraska Homeowners Coverage Options

  • Dwelling Coverage (Coverage A): covers the structure of your home.  Most carriers use replacement cost estimators to determine how much coverage you need.  Consult with your agent to make sure you have enough coverage.
  • Personal Property Coverage (Coverage C): covers your personal property.  Personal property coverage covers everything you own, excluding the actual structure of the house.  This includes furniture, electronics, jewelry, clothing, and much more.  Make sure to cover your personal property with “replacement cost” and not “actual cash value”.
  • Loss of Use (Coverage D): reimburses your additional living expenses if you have to leave your home due to a covered loss.
  • Personal Liability Coverage (Coverage E): covers you for injury and liability to others, not members of your own household.
  • Homeowner’s policies can be written in Basic Form, Broad Form, or Special Form.  Ask your agent which form is best for your needs and budget.