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Assessing Your Home Insurance Coverage:An Interview with Billy Brown of Billy Brown Insurance

By Billy Brown

Tell us a little bit about your company and its foundation.

William Brown Insurance was established in 1990 in Delafield WI. We currently serve over 10 states. See website ( billybrowninsurance.com) We specialize in personal and commercial insurance, along with life insurance.

Please briefly explain the idea of home insurance to our readers, what it is, why it was created, etc.

Insurance was developed to transfer the risk of losing assets, a life, or any kind of liability off the insured and place the risk on an insurance company for a small premium amount. As with home insurance, a person's home is one of their largest investments. So it only makes sense to pay a small premium and allow an insurance company to assume responsibility for a loss that an insured was not expecting. Such as a tornado, fire,, etc.

What are some of the advantages of working with a local agent, rather than a popular online insurance source?

Having an agent is one of the smartest things that you can do when purchasing insurance. By having a 1-800 company insure you, there is no interest in the client, you simply become a number. Not only will a good insurance agent help to insure you properly and have an interest in your needs, but they also can make all the difference when there is a claim. They can manage loss control, help with daily questions, and even help with cleanup needs if they are not afraid to get dirty.

What is the deductible and how does the insurer decide on the amount?

Now days, most people choose larger deductibles. This is because most people never experience a home loss in their lifetime. And little claims such as a door blowing off the hinges, people can afford to pay out of pocket. More than two claims in a three year period can also get you dropped by your home insurance carrier.

Do most property protection policies include dwelling, other structures, and personal property?

All home insurance policies have coverage for other structures and personal property. There is a percentage amount built in for both. Only rentals, or garage type buildings or per say hunting shacks or sheds do not. Liability coverage that is part of your home policy is also very important. Liability coverage protects you from anybody that would injure themselves on your premise.

What does the personal liability part of my policy cover? Will the insurer pay for medical expenses as well?

Liability insurance covers negligence on an insureds part. Medical expense will pay out for any person that gets injured on your property and no negligence was necessarily found on the homeowner's behalf. Think of it as friendly medical pay to help out with deductibles on a persons health insurance policy. Or it will pay out for minor injuries such as a quick visit to an emergency from a fall. Basically when no lawsuit is brought about, or negligence on the homeowner is apparent, medical pay will be used

Medical expense is for other people not related to the insured. Medical expense will pay out for any person that gets injured on your property and no negligence was necessarily found on the homeowner's behalf. Think of it as friendly medical pay to help out with deductibles on a persons health insurance policy. Or it will pay out for minor injuries such as a quick visit to an emergency from a fall. Basically when no lawsuit is brought about, or negligence on the homeowner is apparent, medical pay will be used.

What's the best way for people to get in contact with you and your company?

We have a website, billybrowninsurance.com or 262-646-8252. Or just stop in. We have a really neat office that was originally built in downtown Delafield in 1850. It is pretty cool.

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