How To Get the Best Quotes Home Insurance

Introduction

A lot of people purchase homeowner insurance whenever they purchase their home and then forget about it. Of course, whenever youre in the process of purchasing a home, you probably dont have enough time to be able to compare home insurance quotes. This is why its a good idea to get updated home insurance quotes on a yearly basis when you have some time to look into what the various companies are able to offer you. By taking the time to get these new home insurance quotes you may actually be able to save yourself as much as $800 per year, which will reduce your costs by as much as $70 each month. All of this is simply because you have spent a little time hunting down affordable home insurance quotes.

Step 1

The first thing that you need to do in order to find the most affordable home insurance quotes is to look at your current policy. This way you'll know for sure what your policy rate is and just how much insurance you actually have on your home right now. This is also a good time to consider raising your deductible amount as this will actually help to lower the price that you're paying for homeowner insurance. Of course, you'll only want to raise this to a level that you'd be comfortable paying if you actually had to do so because if something were to go wrong, this is the amount of money that you'll have to pay before your insurance will pay anything.

Step 2

Whenever you compare home insurance quotes you need to be sure that youre actually comparing the same type of coverage from each insurance company that youve contacted. The best way in which to get home insurance quotes is to actually fax or email each company a copy of your current policy. Ask them to try to beat the price, but keep the policy the same.

Step 3

Make sure to get at least 3 home insurance quotes from different companies for you to compare. They all need to be similar and offer the same coverage amounts. You should try to get some from big name homeowner insurance companies, as well as from independent or private agents. This is important because some independent insurance agents are able to be more flexible with pricing and coverage benefits. Regardless of whom you're dealing with, make sure to ask for discounts (i.e. a discount for having all of your insurance policies with the same company).

Step 4

Never include your lands price in your homes estimated value. This simply unnecessarily increases the amount that you'll pay. Your land isn't vulnerable to damage and therefore it shouldn't be included in your homes estimated value.

Step 5

Make sure to tell the companies that youre dealing with about any improvements or updates (i.e. improvements to electrical, plumbing, roof, security system, hurricane or storm protection, safety features) that you've made to your home. You may be surprised to see the amount of discounts you could possibly receive whenever you get these things included within your home insurance quotes.

Tips

Pay attention because some insurance companies add on extra coverage that you may not need (i.e. for food in your refrigerator). By removing or reducing these things you'll be able to reduce your costs even more.

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