Owning a home is often the most significant financial investment of a lifetime. Homeowners insurance protects this investment, including the physical structure, your personal belongings and liability exposure, from financial risk. Our partners at ConsumerAffairs researched the best homeowners insurance in Green Bay so you can make an informed decision when purchasing a policy.
Home insurance in Green Bay is made up of several different kinds of coverages: dwelling, personal property, liability and additional structures on the property, like a detached garage or a fence. Although homeowners insurance is not required in Wisconsin, mortgage lenders usually require coverage.
Generally, homeowners insurance pays for damage and loss caused by “perils” listed in the policy. These most commonly include fire and smoke, lightning strikes, windstorms and hail, vandalism, theft, falling objects and more. Liability coverage protects you in the event someone is injured while on your property.
Several factors in Green Bay make homeowners insurance a good idea. Weather events in northeast Wisconsin, such as high levels of snowfall and intense thunderstorms, can damage both structural and personal property. Brown County also experiences between 200-350 property-related crimes per month, according to the sheriff’s office.
How much does homeowners insurance in Green Bay cost?
The cost of homeowners insurance in Green Bay depends on a handful of variables, like how much dwelling and liability coverage you want. Your dwelling coverage should match the full replacement value of your home (minus the value of the land). Most policies will come with a standard liability coverage amount, but this is adjustable. Your cost will also depend on the amount of your deductible, or your share when you file a claim.
Homeowners insurance with $200,000 dwelling coverage, $100,000 liability coverage and a $1,000 deductible averages $600-$700 annually in Green Bay. This is significantly lower than the $1,228, on average, paid in the U.S.
Average home insurance rates in Green Bay
Green Bay (54305)
Note: Based on dwelling coverage above with a constant $1,000 deductible and $100,000 liability.
Home features considered high-risk by insurers, such as pools or trampolines, can increase your rates, as can wood stoves, new fireplaces and other potential hazards. Smoking can also raise your coverage cost. Conversely, customers may be able to lower their premiums by taking measures to derisk their homes or by bundling homeowners insurance with other types. Other discounts are often available, such as for recent homebuyers.
When choosing homeowners insurance in Green Bay, shop around for a policy that personalizes coverage for your home. You will want to choose a company with strong customer service to handle your claims efficiently. It is also important to thoroughly understand your policy so you can arrange for add-on coverage if necessary.
Progressive’s HomeQuote Explorer allows you to get quotes from multiple companies and compare them side by side. Customers can also speak with licensed experts and get answers to questions. Discounts are available for a variety of situations, including if you bundle services, have a home security system, pay for annual coverage up front or are buying a new home. Many reviewers recommend Progressive for home coverage.
GEICO home insurance customers get easy online access to their accounts to file claims and access services. Quotes are available on the website, and discounts are available for applicants with smoke alarms, home security systems or those who insure a vehicle with GEICO. Customers in Green Bay appreciate the low prices but sometimes have trouble working with customer service and filing claims.
State Farm is one of the most popular home insurers in the U.S. Discounts are available if you have multiple policies with State Farm, if you have installed home monitoring systems or if your roof uses certain qualifying products. Customers can get started by getting an online quote. Reviewers in Green Bay give State Farm mixed reviews, with some having trouble getting follow-through on claims.
Pagel & Associates Insurance Agency
Pagel & Associates Insurance is an independent, local insurance agency based in Green Bay. Customers are welcome to stop in the office, email or call for a free, no-obligation quote. Pagel & Associates Insurance has helped hundreds of individuals, families and businesses get coverage. Customers in Green Bay give the agency plenty of five-star reviews, saying customer service is exceptional.
Mongin Insurance Agency
Since 1912, Mongin Insurance Agency has been providing insurance in the Green Bay community. After contacting the agency to schedule a personal consultation, customers can expect multiple coverage options, prompt and knowledgeable service and quality coverage at good value. Many reviewers have been Mongin Insurance clients for years and are highly satisfied.