Home Insurance in Sheridan, WY
Find the best coverage to meet your needs with home insurance in Sheridan, WY.
Located near the Big Horn Mountains, Sheridan, WY, is a paradise for outdoor lovers and wilderness enthusiasts. Camping, hiking, mountain biking and fly fishing are just a few of the numerous activities nearby for locals and visitors to enjoy. This historic place also features a thriving downtown filled with antique shops, art galleries, specialty stores and more.
Surrounded by nature and beauty, Sheridan is a great place to call home. As one of its 19,235 residents, you get to revel in the abundance of activities available throughout the year. This may even be one of the reasons you decided to live here and purchase a home. To protect your property from damage and other risks, you need high-quality insurance coverage designed to meet your needs.
For most people, owning a piece of property is part of the American dream. In Sheridan, many residents have achieved this and currently live in single-family homes. With a median home value of $329,568, the price of a house here is average for the state of Wyoming but high compared to the rest of the nation.
The cost of home insurance in Sheridan, WY, varies by location, size and other factors. The average annual premium is $1,780, which is higher than the state average but still less than the national average, which is $1,820 per year. If you're looking for a way to lower your premium, VIU by HUB can help you do this by comparing quotes from other top carriers in your area.
While owning a home is exciting, it also comes with some risks. During the winter, when temperatures in Sheridan get as low as 14 degrees, you could incur water damage due to pipes that freeze or burst. Theft, vandalism and roof damage are also common occurrences that can happen to anyone.
In recent years, a rise in environmental and weather-related disasters has greatly increased the risks of homeownership. Storms and wildfires are potential threats that could cause flooding and fire damage to your home. According to Risk Factor. there's a chance that you could even be affected by both of these issues within the next 30 years. Before this happens, it's good practice to review your insurance policy to make sure you are covered for damage caused by events such as these.
As you review your policy, ensure you fully understand what is being covered. While you may be covered for water damage due to flooding from a plumbing issue, most policies don't cover damage from flooding during a storm. Instead, this would be considered an add-on that you could purchase separately. Most home insurance policies include the following protection:
If you need additional coverage or want to lower your premium, VIU by HUB can assist you. Our professional brokers will help you compare quotes for home insurance in Sheridan, WY, so you can figure out which option is right for you. Our online tool will quickly show you policy options from multiple insurers so you can compare them side by side.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
