Protect Your Home With Indiana Home Insurance
Having homeowners insurance in the Hoosier State is important. You’ve put so much into making your house a home that you want to make sure it, and all of the contents inside, are protected. Indiana
homeowners insurance will help ensure your house and personal property are protected so you can have peace of mind if the unexpected strikes.
IN homeowners insurance can help with risks like:
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Fire
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Theft
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Water damage caused by a burst pipe
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Wind damage caused by weather
Coverages Under IN Home Insurance
Homeowners insurance can help cover your costs to fix or replace destroyed property if your house is damaged.** For example, if a fire breaks out in your home, your IN home insurance can help cover the costs to fix it. If your personal belongings get damaged, your home insurance can help cover those costs, too.
Your Indiana home policy includes several standard insurance protections, such as:
Personal property coverage, also known as contents insurance, to help protect your belongings. Contents insurance covers items like furniture, clothing and appliances.
Liability coverage which helps protect you if you’re found responsible for injuring someone. It can also help you if you’ve damaged someone’s property while you’re away from your home.
Medical payments coverage which can help pay another person’s medical bills if they’re hurt on your property. For instance, if your neighbor falls down your stairs and breaks their arm, this coverage can cover their treatment costs.
Dwelling coverage to help protect your home and its attached structures. This includes your electrical system and larger items like walls or floors.
Other structures coverage for help protecting buildings on your property not attached to your home. This includes fences, sheds and garages.
Loss of use coverage which helps cover your living expenses if your home is unlivable because of a covered loss. For example, if you need to stay in a hotel after your home gets damaged, this coverage can help pay the bill.
ProtectorPLUS Zero Deductible Benefit which waives up to $5,000 off your home insurance deductible if your house suffers $27,500 or more in damages. Without this benefit, you’d only receive payment for the loss that exceeds your deductible.2
Tornadoes & Indiana Home Insurance
The Indiana Department of Homeland Security considers tornadoes to be one of the most common natural disasters in the state.
3 In fact, in 2017 there were 36 recorded tornadoes in Indiana alone.
4 Living in Indiana, you know residents can even face multiple tornadoes in a single day. For example, on Aug. 15, 2016, eight tornadoes hit the Hoosier State.
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Luckily, all homeowners insurance policies cover tornadoes. To learn more about your Indiana home insurance policy, call an agent or one of our specialists at
888-413-8970 today.
Preparing for a Tornado
Tornadoes can cause great damage to your Indiana home and property. To stay protected, it’s best to prepare. Make sure you’re as prepared as possible. Start by reviewing your Indiana homeowners insurance policy and making any necessary changes to ensure you’re properly covered if a tornado strikes.
Get even more prepared by following these tips from Indiana’s Department of Homeland Security:6
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Create a preparedness kit, making sure it’s portable and easy to transport
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Understand the risk of tornadoes in your area
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Recognize the warning signs of a tornado
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Conduct household tornado drills at different times of the day to prepare everyone in your home
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Identify safe places for shelter such as basements, inner rooms and storm cellars that are away from doors, windows and outer walls
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Buy and set up an all-hazard weather radio and have more than one method of getting weather alerts
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Know your insurance company’s contact information if you need to file a claim
You may also want to make copies of your important documents and store them in a safe place. Consider getting a fire-proof safe or check with your bank to see if you can store important items in a safety deposit box with them.
If a tornado damages your home, call your home insurance company to file a claim. Make sure to give them as much information as possible. To prevent further damage, make any immediate fixes to your home that you can do safely. Be sure to use your home inventory to document what’s damaged or destroyed.
Optional Coverage to Add to Your Indiana Home Insurance Policy
Every homeowner faces different risks. To make sure you have the coverage you need for your unique home and location, you may need to create a comprehensive plan by adding more coverage to your Indiana home insurance policy.
If you’re worried about major damage to your home, you can add:
Full Replacement Cost to help cover the costs of rebuilding your home if it’s a total loss up to 125% of your coverage limits. In Indiana, you can get up to 150% of your coverage limits.7
We also offer the Home Advantage and Home Advantage Plus packages, which contain valuable coverages to help protect your home.
Our Home Advantage Package is ideal if you’ll want extra protection above your base policy for certain coverages, such as Replacement Cost Contents Coverage, Personal Injury Protection and identity fraud expense coverage. This comes with:
“New for Old” Protection‡ to help replace your possessions with new ones of the same quality if they’re destroyed.
Reimbursement for Replacing Locks if you lose your keys or they get stolen. This coverage can help you cover up to $500 for new locks, with a $100 deductible.
Identity Fraud Expense Coverage which helps cover up to $25,000 of out-of-pocket expenses if you’re a victim of fraud or identity theft.
Personal Injury Liability Coverage for help covering potential damages from a libel or slander claim.
Our most popular package is the Home Advantage Plus Package. It includes all of the Home Advantage Package features and other benefits, such as:
Disappearing Property Deductible,‡‡ which reduces your deductible by $50 for every three years you go without an insurance loss.
Some other coverage options you can add to your policy are:
Equipment Breakdown Coverage for help repair or replace mechanical or electrical breakdowns of your appliances and electronics. Keep in mind that normal wear and tear is excluded.8
Valuable items blanket to provide extra protection for certain valuables. For instance, if you have insured jewelry that gets stolen, this coverage can help cover its replacement costs.
How Much Is Homeowners Insurance in Indiana?
Homeowners insurance amounts in Indiana can vary, but according to the Insurance Information Institute (III), the average cost as of 2017 was $1,000. This is lower than the national average of $1,211. You may find your insurance quotes are higher or lower than the average because your Indiana homeowners insurance cost depends on several factors, such as:
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Location
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Home size
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Rebuilding cost of your home
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Liability limits
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Levels of coverage
‡ Some benefits such as Reimbursement for Lock Replacement are only available with the Optional Home Advantage Plus package. A policy without these added benefits is also available.
2 This benefit will completely eliminate your homeowners insurance deductible (up to $5,000) if you have a qualifying claim of $27,500 or more.
3, 4, 6 Indiana Department of Homeland Security, “Tornadoes”
5 National Weather Service, “Top 20 Indiana Tornado Outbreaks”
7 The Hartford will pay the full cost to rebuild your home, even if it costs up to 125% of your home insurance policy’s coverage.
8 This coverage is available for an additional fee and pays for the repair or replacement of appliances, electronics and other home systems after a mechanical or electrical breakdown. Equipment breakdown coverage also provides coverage if you want to make “green” upgrades. It pays up to 125 percent of your cost to replace any covered equipment with items that are similar, but more energy efficient or environmentally friendly.