Your home is one of the biggest investments you will make in your lifetime and you will want to protect it accordingly.
InsureMe makes the task of finding affordable Indiana homeowner's insurance easy. By using our free referral service, we will provide you with up to five quotes from competing insurance companies to give you the most bang for your buck.
What is homeowner's insurance?
Your Indiana homeowner's insurance policy will protect you from financial losses caused by disasters such as those caused by storm, fire and theft. A standard policy protects your home and the items you keep in it.
Can I own a home without Indiana homeowner's insurance?
From a legal standpoint, you are not obligated to purchase an Indiana homeowner's insurance policy. However, if you've taken out a loan to finance the purchase of your home, your lender will most likely require you to buy homeowner's insurance. This protects their investment in the event of tornado, fire or theft.
Once your mortgage is paid off you will not be required to keep your Indiana homeowner's insurance, but canceling your policy puts your home at great risk in the event of a disaster.
What types of Indiana homeowner's insurance are available to me?
There are four basic types of Indiana homeowner's insurance:
Will my Indiana homeowner's insurance protect me against flood damage?
No. Your Indiana homeowner's insurance policy will not cover flood damage. You will need to purchase flood insurance separately through your agent. You can also contact the National Flood Insurance Program with questions at 1-800-427-4661.
How much Indiana homeowner's insurance should I purchase?
The Indiana Department of Insurance recommends that your home should be insured for at least 80% of its replacement value. Knowing your replacement value is a vital part of protecting your home but can be difficult to do on your own. If you aren't sure, play it safe and get an appraisal. It will be worth it!
How can I save on my Indiana homeowner's insurance?
The Insurance Information Institute advises the following:
Now that you are armed with information it's time to get started!
Simply enter your information to the left and let InsureMe provide you with up to five free quotes for affordable Indiana homeowner's insurance!