Hippos are notorious for being hungry and this time, we’re expanding into “America’s Dairyland” to get our hands on some of the nation’s best cheese – and to provide home and condo insurance to the 1,806,000 homeowners across the state of Wisconsin. Although the Badger State has some of the squeakiest cheese curds and creamiest butter around, varying weather patterns leave homeowners at serious risk.Although the Badger State has some of the squeakiest cheese curds and creamiest butter around, varying weather patterns leave homeowners at serious risk. Click To Tweet
Harsh, snowy and hail-filled winters steal the spotlight, but Wisconsin does experience all four seasons. In fact, extreme heat and humidity in the summer often leads to some of the most destructive storms. Wisconsin experiences an average of 23 tornadoes a year, mostly between April and August. Southern portions are more vulnerable because they dip into Tornado Alley.
Heavy rain and strong wind are generally covered by standard homeowners policies. Unfortunately, combined with the state’s 14,000 beautiful lakes, this can lead to extreme flooding that necessitates extra coverage from the FEMA National Flood Insurance Program. The accompanying lightning can also cause house fires. These hazards (plus a requirement from mortgage lenders) mean every Wisconsin homeowner should have insurance.
Luckily considering the considerable dangers, Wisconsin has some of the most affordable rates in the nation. Using data from the National Associate of Insurance Commissioners (NAIC), the Insurance Information Institute estimates that average annual premiums are $750. With such low rates, it’s important to choose a policy that offers adequate coverage for your home and family.
Exactly how much you pay will vary based on your home’s size, value and location as well as your personal assets. For reference, the median home value in Wisconsin is $178,600 (over $38,000 lower than the US median) and expected to rise another 4.4% in the next year. In addition to your home’s replacement cost and vulnerability to natural disasters, you’ll want to consider the worth of your valuables. Creating a home inventory video is one of the best ways to communicate your policy needs to an insurer.
At Hippo, we’ve found a way to provide superior coverage at a competitive price. By replacing outdated aspects of typical policies like pewter and crypts with modern needs like home offices and short-term rentals, we’re able to charge premiums up to 25% lower than other insurance companies in Wisconsin. For residents of the state that brought the world La Croix, that means $180 in savings! Depending on where you live and what you like, those funds could mean flood and wind insurance endorsements, Packers tickets, a new Harley, brats and PBR at the state fair or entry to one Wisconsin’s 95 state parks.For residents of the state that brought the world La Croix, that means $180 in savings! Depending on where you live and what you like, those funds could mean flood and wind insurance endorsements, Click To Tweet
Perhaps best of all, the Hippo concierge team fully supports any customers in need of an empathic ear or support. All claims start and end with one point of contact, who will do whatever is necessary to ensure that homeowners remain safe and secure during hard times. We also provide new policyholders with tools like water leak detectors to help them avoid trouble. During major events, we’ll even call and warn our homeowners when their property and assets are in danger.
So, from Madison to Milwaukee, Waupaca to Waushara, be sure to reach out if you live in Wisconsin. I’d love to connect you with the team and show you how Hippo can save you time and money while providing the coverage you need.