How to Find the Best Home Insurance for Your Needs
Imperium Insurance vs. Big Brands
Home Insurance Statistics:
What does it mean if your home is undervalued? Unfortunately, it most likely means that you are insured for an amount of coverage that won’t come close to paying for a major loss. For this reason, it is important to get an updated valuation on your home and make sure your homeowners coverage is adequate. If you are not sure your homeowners insurance company offers the best coverage or value, this may be a good time to compare home insurance quotes to determine if there is a better policy for your needs.
How to Compare Home Insurance
Here are some important tips for comparing homeowners insurance:
Independent insurance agents work with several different carriers, and can compare rates for you from top homeowners insurance companies to help you find the right coverage at the right price.
All top insurance companies are rated by independent organizations like A.M. Best. You want to work with a company that has an A+ or A++ rating. These ratings are based on customer service, financial stability and other indicators that can help give you confidence in the company you choose.
Select a few of the best homeowners insurance companies that serve your state.
Collect discount information from the top homeowners insurance companies you want to compare. Independent agents can compare the discounts available through each carrier. For example, these may include:
- Claims-free discounts
- Discounts for installed security systems and other safety measures
- New customer discounts
- Better rates for a good credit score
Be sure to supply the same exact information for each plan you compare. For example, if you are a husband and wife couple, make sure you both supply your information to each company.
Increasing the deductible you will pay in the event of a claim will lower your premium quotes. Just make sure you feel confident that you can afford the deductible amount out of pocket in the event that you need to file a claim.