If you are purchasing your new home or if you are moving to a new apartment you are most likely in the process of shopping for new stuff for your new home. You may be shopping for everything from snazzy home furnishings to functional new appliances. When you are looking at your home to-do-list make sure that you start shopping around and comparing home insurance. This should be at the top of your home to-do-list because it protects your personal belongings as well as your most valuable asset. I know that your life is probably full of things to do before you move but be sure to shop around for a home owners insurance quote.
4 steps to start comparing home insurance quotes:
1. Know what you need. Before you can start shopping around to compare home insurance quotes you have to first know what you need. So figure out how much home insurance you need, take an inventory to find out how much your valuables and personal belongings are worth and then you will know how much home insurance you need. You will also need to inquire about any type of special/additional home insurance add-ons for extras such as art and jewellery.
2. Call around or go online. You never know if you are getting a good deal on your home insurance unless you shop around and compare prices. Go online to get at least three different home insurance quotes to compare prices and make sure that you are getting the best deal possible. You probably have a lot of moving costs for your new home so comparing home insurance quotes and getting a good deal should be a top priority.
3. Compare apples to apples. Comparing home insurance quotes is only effective if you are comparing apples to apples (i.e. the exact same home insurance coverage). When you call around or go online to get a home insurance quote make sure that you are getting a quote for the exact same dollar amount of home insurance with the same deductible amount as well as the same coverage in case of an emergency. There are discounts available for people who have more than one insurance policy with the same company as well as for people in certain professions. People with a high credit score as well as people over a certain age often quality for home insurance discounts. Make sure to ask for discounts whenever you are comparing home insurance quotes.
4. Ask about payment options. Different insurance companies offer different payment options and this could be a deal breaker when you are comparing home insurance quotes. Some insurance companies allow you to make a lump sum purchase and offer a discount on your insurance premiums if you do. Some insurance companies offer the option to make pre authorized payments directly from your bank account and some insurance companies offer the option to charge your monthly insurance premiums directly to your credit card. Before you commit to an insurance company find out what payment options they offer and choose the payment method that best fits your personal (insurance) needs.
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