Home Insurance Statistics
According to the Insurance Information Institute, one-fifth of all homeowners file an insurance claim every year. In 2019, 97.2% of all claims were due to property damage. Wind and hail were the leading cause of damages, accounting for 34.3% of the claims, followed by water and freezing damage for 29.4% of claims filed.
Though it can be painful to pay out those monthly premiums, paying the costs to repair your home and replace your valuables can be devastating. The average cost of homeowner losses is $13,582. If your home is in a hurricane, tornado, or wildfire path, you stand to lose everything. Having home insurance ensures you can recover losses and get your life back.
Why Choose Billy.com for Home Insurance?
- Skilled Professionals: Experience the knowledge and skill of our home insurance professionals experts who specialize in the complexities of homeowners' insurance.
- Dedicated Support: A dedicated account manager will be assigned to you, ensuring personalized assistance throughout your home insurance journey.
- Cost-Effective Solutions: Explore our competitive pricing for home insurance services, designed to meet your specific needs.
Explore Quotes from Renowned Insurance Companies
Receive star-filled insurance quotes from reputable companies such as Liberty Mutual, State Farm, and Travelers. Billy.com is committed to delivering quotes that align with your personal and business insurance requirements.
Legal Protection for Your Property
Billy.com is not just about quotes; it's about legal protection. Our home insurance agents and attorneys are committed to ensuring your rights are protected, providing legal expertise in case of property damage.
Understand the nuances of property insurance with our informative content. We cover essential topics such as coverage options, policy details, and the importance of personal property protection. Our platform aims to educate homeowners about the different aspects of insurance policies, empowering them to make informed decisions.
Billy.com is not just about providing quotes; it's about delivering a comprehensive home insurance experience. We understand the significance of having legal professionals by your side when dealing with insurance matters. Our home insurance agents and home insurance attorneys are committed to ensuring your rights are protected, and you receive the compensation you deserve in case of property damage.
Home Insurance Exclusions and Riders:
You may think that purchasing comprehensive coverage protects you against damages for any incident you might encounter. The truth is it doesn't. You need to read policies carefully to determine what exclusions are named in the fine print. Additionally, most policies do not cover damages for certain events.
In the past three years, a total of 50 weather and climate disasters resulted in damages exceeding $1 billion each, and tropical storms and hurricanes are the leading cause. However, hurricane and flood damages are not covered by home insurance policies. You need to purchase a rider if you live in a hurricane or flood zone. Likewise, those who live in places that are fraught with earthquakes should consider adding an earthquake rider to their policy.
Contact us Today:
You need not feel overwhelmed while searching for home insurance Agents. Let Billy handle all insurance and coverage options for your property. Start your search today by calling 855-224-5599 or submitting an online form.
Insurance Disclaimer: Billy.com is a free service to assist users in getting insurance quotes from insurance providers. Billy.com is not affiliated with any state or government agency. Billy.com is not an insurance agency or broker, nor an insurance referral service. Billy.com does not endorse or recommend any participating Third-Party Insurance Providers that pay to participate in this advertising.