This one? That one? How to Compare Homeowners Insurance

Comparing homeowners insurance is the first important step towards purchasing an appropriate policy for you and your family. Homeowners insurance protects a homeowner from anything that might happen to the house, including natural disasters, fires, and break-ins.

Get Quotes

You should get at least five insurance quotes to compare before choosing which one best suits your needs. While it might be slightly time consuming to fill out the questionnaires in order to get quotes, it will be worth it in the long run as you can end up saving yourself hundreds or even thousands of dollars.

Read Carefully

Some policies do not cover things that might seem basic and essential. Compare policies and read each one thoroughly to ensure that you will be covered in all of the appropriate ways.

Ask How to Lower Premiums

Ask your agent what you can do to lower premiums on the policy. Even if you cannot meet the requirements to lower your premiums before purchasing the policy, you can adjust it after the initial purchase.

Good Homeowners Insurance

Homeowners insurance covers a percentage of your home based on how much it would cost to rebuild your home if it were destroyed today. The best, and most expensive policy, will cover 100% of its current replacement cost. A reasonable alternative is to insure 80% of the replacement cost. By insuring for less than 80%, you'll only receive the "actual cash value" of your loss, meaning depreciation is considered and you would have to pay current prices to replace lost items.


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