1000 Lake Avenue
You have to ask yourself…
What would happen if a disaster struck your home tomorrow? Are you confident you’re properly covered for damages and total loss? Would you be required to pay out of pocket for some or all the repairs?
Ohio is a state with unique challenges that make it essential for homeowners to have a comprehensive insurance policy. The state is prone to severe weather conditions such as tornadoes, thunderstorms, and heavy snowfall, which can cause significant damage to homes, leading to high repair costs. Additionally, Ohio is located near several major rivers and lakes, increasing the risk of flooding.
While most homeowners insurance policies cover damage caused by severe weather conditions, they typically do not include flood coverage. Therefore, it's essential for Ohio homeowners to purchase separate flood insurance coverage to protect their homes fully.
Home insurance covers the hazards that most homeowners face. When a loss occurs, you will file a claim with your insurance carrier, and you are paid for the expenses, minus any outstanding deductible amounts.
An issue facing Ohio homeowners is property crimes. In 2020, there were over 100,000 reported property crimes in Ohio, resulting in an average loss of $2,705 per incident. Having homeowners insurance can protect against theft, vandalism, and other property crimes, giving homeowners peace of mind.
Ohio also has a higher than average rate of dog bites, with the state ranking sixth in the country for the number of dog bites reported. If your dog bites someone, you could be held liable for medical expenses and other damages. Homeowners insurance can help protect you from costly lawsuits and provide liability coverage.
There are many things about insuring a home that most consumers aren’t aware of. We are here to make sure you avoid potential problem areas, including:
Affordability is a significant factor to consider when purchasing homeowners insurance, and fortunately, Ohio homeowners have access to reasonably priced policies. According to the National Association of Insurance Commissioners (NAIC), the average cost of homeowners insurance in Ohio is $926 per year, which is lower than the national average of $1,211 per year. However, the cost of homeowners insurance can vary depending on several factors, such as the location of your home, the age and condition of the property, and the coverage amount needed.
Ohio homeowners face several unique risks and challenges that make having comprehensive homeowners insurance coverage essential. However, the affordability of homeowners insurance makes it easier than ever to acquire by working with Giangola Insurance. It's essential to protect your home against severe weather conditions, flooding, property crimes, and liability issues.