When it comes to choosing the best home insurance for your needs, it’s important to choose a company that can search through multiple plans from several different insurance carriers so that you can get exactly what you need at a price you can afford. To learn more about choosing the right homeowners insurance for your needs, keep reading.
How to Qualify for the Best Home Insurance
Insurance companies use specific metrics to determine the individual’s risk factor for filing a claim. Individuals who are high risk rarely receive the best possible rates. Thankfully, there are some things you can do to ensure you qualify for home insurance and receive great monthly premiums.
- Always keep your home well-maintained
- Try to avoid living in a high crime area
- Always pay your home insurance premiums on time to avoid lapses in coverage
- Having a home that contains hazardous features, like stairs or steps with no railings
- Don’t commit crimes because having a criminal history can disqualify you from home insurance coverage
- Avoid filing too many claims within a short period, which is often multiple claims over a certain period of years
Buildings and Property that Home Insurance Covers
Homeowners insurance covers the buildings and personal property that you own, including:
- Your House
- Any Sheds or Outbuildings
- Your Garage
- The Tools and Equipment in Your Garage
- Your Furniture
- Electronics, Including Computers, TVs and Sound Systems
- Your Furniture, Clothing and Other Personal Items
Understanding Homeowners Insurance Inclusions and Exclusions
Before you choose a homeowners insurance policy, it’s always a good idea to read through all the inclusions, exclusions and coverage limitations. Most home insurance policies cover items like fire, theft, vandalism and certain types of weather damage, like damage from high winds and torrential downpours. However, it’s extremely rare for a homeowners insurance policy to cover flooding and earthquake damage. If you live in a flood zone or are worried about earthquake damage, separate insurance policies are often needed to attain coverage for those weather events.
Homeowners insurance covers property damage and accidental injuries to individuals who are on your property but not those who are living in the home. For example, if you have someone visiting your home and they accidentally trip and fall, your homeowners insurance would cover any medical expenses, however, if an occupant of the home trips and falls, the home insurance policy would not cover their medical bills.
Homeowners insurance policies also provide coverage up to a certain amount for home offices, collections, and jewelry. However, the policy may not provide enough coverage if you have an extremely expensive art collection or home office equipment that is worth more than a few thousand dollars. If you have extremely expensive items in your home or items that could be hard to replace, it’s important to let our insurance agent know so that the coverage amounts can be adjusted to meet your needs.
Finding the Best Homeowners Insurance Policy for Your Home
Here at Glass Insurance Center, we offer a variety of home insurance policies to meet your needs and help protect you if a covered event damages your house. Our independent insurance agent can locate insurance policies from various companies and explain those policies as well as the monthly premiums so that you can make sure it meets your needs. We may also be able to provide you with other types of insurance, like flood and earthquake insurance, to enhance your coverage levels so that you are fully protected.
To learn more about our homeowners insurance policies and to get a quote, give us a call at 262-248-5555.