Home Insurance West Linn, OR

Having home insurance in West Linn, OR is a no-brainer – it protects your home and personal property. Instead of putting your finances and your family’s future in jeopardy, invest in a homeowners insurance policy from Schmidt Insurance Group and know you are protected!

Home Insurance West Linn, ORIf your home was ever completely destroyed by a fire, could you afford to rebuild it out of your own pocket? If it’s chock-full of family heirlooms or other valuables and was burglarized, could you afford to replace everything you lost? If a visitor fell down your stairs and broke a leg, could you afford to pay their medical bills?

Home insurance, also known as homeowners insurance, provides you with financial protection in the event of a disaster or accident that involves your home. It will help pay to repair, rebuild, or replace your home, other structures on your property, and your belongings in the event of a destructive event, such as a fire.  It will also help cover your liability for any injuries or property damage to others that are caused by you or members of your family (including your household pets).

Factors That Affect Home Insurance Rates

There are a variety of factors insurance companies will consider when determining your home insurance rates, from the number of people who live in your home to the shape of your roof! They include:

Location:  Is your home located in the woods and surrounded by shrubs and grasses? This could increase its vulnerability to fire. Is there a fire station nearby? Does your neighborhood have a history of break-ins? The location of your home is one indication of how risky it may be to insure. The higher the risk, the higher your rate will be.

Characteristics: The size and type of home you own can also affect your insurance rate, but there are other factors:

  • Age: Older homes typically cost more to replace, so the older your home is, the more it will probably cost to insure.
  • Structure: How your home was built is another contributing factor. Masonry/brick homes, for example, withstand wind better than wood frame ones. On the other hand, frame homes are better able to withstand earthquakes.
  • Garage: Size matters! It’s more likely that your 3-car garage will be broken into (because it can hold more stuff) than a 1-car garage.  More risk typically equates to higher insurance premiums.

Insurance history: Do you file insurance claims for small occurrences or only in the worst-case scenario? If you’ve had home insurance for years but filed no claims, your rate may be more favorable than someone who files frequent small claims.

Home insurance protects your home in West Linn, OR and the personal property you keep inside it.  It will enable you to rebuild your home from the ground up if disaster happens. Schmidt Insurance Group can customize a policy just for you. Get in touch with us today at (503) 206-0881 for a free quote, and find out how we can help.