Homeowners Insurance 

Protecting homeowners in the Flossmoor, Chicago, Hazel Crest, Homewood, Olympia Fields, and Lansing areas

As America’s third-largest metropolitan area, greater Chicago is home to more than 9 million people. Numerous suburban communities offer the benefit of both friendly, affordable living and easy access to the city.  

It’s imperative that if you plan to buy a home and settle down in the area, you need to invest in quality homeowners insurance. With the right home insurance in place, you will have a promise of protection against numerous problems that might impact your property at any time, at a huge cost to you.  

When you choose Sovereign Financial Group as your trusted local policy provider you’ll receive personalized services, expert guidance and the long-term security of knowing that you have benefits that are perfect for you. Our commitment is to our customers first and always, and that’s what helps us offer you nothing but the best insurance solutions. 

To get your free homeowners insurance quote today, call us at (708) 713-4456 or apply online now, and keep reading to learn more about the expert benefits provided by this coverage. 

Common Homeowners Insurance Questions 

Why Is It Important to Buy Homeowners Insurance? 

Buying a home means spending a lot of money, not just on the purchase, but also on the additional costs of living and maintenance that will come from being a homeowner. However, the fact of the matter is that countless hazards could arise at any time and cause a significant property loss, coupled with high recovery bills. Numerous liabilities could cause both you and others harm, no matter how safety conscious you try to be. In any of these challenging cases, quality homeowners insurance benefits can step in to help you cover the resulting costs. 

How Does Home Insurance Work? 

There are numerous benefits available within the average homeowners insurance policy, including: 

• Structure protection: This insures your house in the event of damage from fires, weather, theft, vandalism or other hazards.

• Detached structures coverage: Other buildings on your property – such as fences, carports, gazebos and detached garages - will have coverage.

• Possessions insurance: This pays for damaged belongings. Protection might cover everything from furniture to food in the pantry and computer systems.

• Liability coverage: If you accidentally harm someone else or damage their property, use this coverage to repay them. Coverage will often pay for incidents both on and off your property.

• Additional living expense protection: Do you need to move out temporarily after household damage? Let this coverage reimburse you for expenses like dining or hotel bills.

All policies are customizable, and we can insure homes of all shapes and sizes including high-value homes, rental properties, condominiums and mobile homes. To further tailor your policy to your advantage, consider additional benefits like: 


How Far In Advance Should I Buy Homeowners Insurance? 

If you plan to finance your home, then your lender will likely require you to buy homeowners insurance at the time you finalize the loan and close on the property. You will have to maintain coverage for as long as you have the mortgage in place. However, you should always keep your policy active even after any financing is paid off. 

Additional Resources:
Aggressive Breeds and their Effect on Home Insurance
4 Things to do Before Applying for a Mortgage
Will Home Insurance Cover a Damaged Garage Ceiling