Homeowners Insurance
You’ve invested a lot in your home – both cash and care. If a sudden loss occurred – say a fire, storm or vandalism – would you be able to restore your property to your usual high standards? With American Family Homeowners Insurance, you’re better prepared for the unexpected, making our policy as comforting as the home it protects.
Discounts
American Family Insurance offers you a variety of ways to save money. You may qualify for a Claims-Free Discount, a Customer Longevity Discount, a New Home Discount, a Home Security & Fire Protection Discount, an Age of Customer Discount, a Home Purchase Discount, aHome & Auto Discount, a Home & Cycle Discount or aHome & Umbrella Discount.
FAQs
- In general, what does a homeowners policy protect?
An American Family Insurance homeowners policy offers three major categories of protection: property, supplementary property and liability coverage.
Property coverage helps protect your home and possessions against events such as fire, lightening, windstorms, hail, explosions, riots, aircraft damage, smoke, vandalism, broken glass, falling objects, theft, loss of use and more.
Supplementary property damage coverage helps provide protection for events such as collapse, debris removal, inflation, pollution cleanup and more.
Liability coverage compensates an insured up to the policy limit if he or she is legally liable for bodily injury, property damage or medical expenses due to a covered accident. Examples include sports activities, acts of pets or liability due to unpaid volunteer services.
- How can you make sure you have the right amount of homeowners insurance?
- The following steps will help ensure you have adequate coverage. Have an American Family Insurance agent survey your property and calculate the replacement cost of your home. Insure your home to 100 percent of the replacement value. Make sure your policy has inflation protection coverage. Inquire about personal property endorsements that cover special items such as jewelry, furs, computers and fine art. Be sure to tell your agent when you make improvements or additions to your home, or when you purchase additional valuable items.
- What is replacement cost coverage?
- This coverage pays the cost to restore or replace damaged or destroyed property without deducting depreciation.
- Does this policy cover flooding?
- A property policy excludes flood coverage. However, your American Family Insurance agent can help you purchase flood insurance through the federal government.
- Does this policy cover sewer back-up?
- Your property policy does not include coverage for sewer back-ups. American Family Insurance sells an optional endorsement that helps provide protection against these losses for eligible risks. Contact an American Family agent for more information.
- Does this policy cover jewelry?
- Policies provide up to a certain amount of coverage for loss of jewelry if the loss is the result of a covered peril, such as theft. You may purchase an optional endorsement that provides increased limits for risks of accidental direct physical loss or damage. You may also schedule your individual items of jewelry for a further increase in limits.
- What is Identity Fraud Expense Coverage?
- This optional endorsement helps cover the expenses associated with re-establishing a person’s damaged credit, such as legal fees, loan reapplication fees, telephone and certified mail charges, notary expenses and lost wages for any time taken off work to correct the fraud. Learn more.
- What is Personal Computer and Electronic Equipment Coverage?
- This endorsement provides coverage against accidental direct physical loss of personal computers and electronic equipment.
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