How to shop for Home Insurance?

You can start to shop for home insurance by searching for reputable insurance brokers and comparing quotes and policies with them. Ask for recommendations from friends, or search for reviews on third party websites to get an idea of the best to work within your area.

Not all policies are created equal, so you need to bear this in mind as you hunt for the most budget-friendly and situation-appropriate policy for you.

Things to Consider when Buying Home Insurance

You’ll need to consider things like:

  • Level of coverage – is this level of coverage going to cover you should the worst happen? What is the absolute worst-case scenario for you?
  • Price/rates – can you afford the rate?
  • Customer service – what is the customer service like? Are they friendly and helpful, or do they avoid paying out?
  • Proximity – are they local or will you have to call an 800 number and speak to a call center?
  • Response times – How long will you wait to have a call or email answered? What if your situation is urgent?

How to get the best Price on Home Insurance

Asking yourself some important questions will help you to narrow down the list of options available to you, too. Some of them are listed below, but feel free to add your own questions to the list:

  • Could I combine some of my insurance policies to get a better deal? (home/auto discount)
  • What is my home actually worth? – many people get confused by this step. You can use a home value estimator, but a market analysis could be the better option if you’re unsure. You want to be as concise as possible to get the best level of coverage. Remember, you are insuring the home only, not the value of the land.
  • Should I insure additional, valuable items? – if you have high-value items in the home, you may need to insure them separately or schedule them on your home policy.
  • Does my mortgage provider require insurance? – make sure you know whether this is required by your mortgage provider and any other terms laid out.

A knowledgeable, independent agent will always help you to find the best policy for your situation and budget. We can help you to weigh up various options so that you are confident you have found the best policy for your needs. All you have to do is get in touch with us today!