The best and most honest single piece of advice when selecting a Home Insurance Contract is to make a list of items most important to you, do not place yourself in a situation where you have to make a rushed decision and always place the cost (Premium) ($$$) as the last item of importance.
Having stated the above, more than 90% of homeowners simply call two or three insurance carriers in a rush to obtain a quick quote thereby comparing the 2 or 3 prices quoted and rush to purchasing a new home insurance policy.
Coverage is the primary purpose of the insurance policy; there are a variety of coverage items that conclude an insurance contract. The Dwelling, Other Structures, Personal Property, Additional Living Expenses (Loss of Use), Personal Liability & Guest Medical Payments. In the event of a loss, each of the coverage items suddenly becomes very important to the homeowner; for this reason, when purchasing a policy it is important to take the time to review coverage. A thorough review shouldn't take you more than an hour and it shouldn't be necessary every year unless there has been a change in insurable interest.
The policy should cover your property on a replacement cost basis, you should review any additional available endorsements and make sure that your coverage limits are sufficient to protect you in the event of a loss. If after your thorough review, you feel that the premium is too high, it may be advisable for you to reduce the carrier's risk by increasing your deductible thereby reducing the premium.
There is a link available providing an online format to obtain a quote and buy home insurance online in multiple States; it may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all! http://hda.stillwaterinsurance.com
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Having stated the above, more than 90% of homeowners simply call two or three insurance carriers in a rush to obtain a quick quote thereby comparing the 2 or 3 prices quoted and rush to purchasing a new home insurance policy.
Coverage is the primary purpose of the insurance policy; there are a variety of coverage items that conclude an insurance contract. The Dwelling, Other Structures, Personal Property, Additional Living Expenses (Loss of Use), Personal Liability & Guest Medical Payments. In the event of a loss, each of the coverage items suddenly becomes very important to the homeowner; for this reason, when purchasing a policy it is important to take the time to review coverage. A thorough review shouldn't take you more than an hour and it shouldn't be necessary every year unless there has been a change in insurable interest.
The policy should cover your property on a replacement cost basis, you should review any additional available endorsements and make sure that your coverage limits are sufficient to protect you in the event of a loss. If after your thorough review, you feel that the premium is too high, it may be advisable for you to reduce the carrier's risk by increasing your deductible thereby reducing the premium.
There is a link available providing an online format to obtain a quote and buy home insurance online in multiple States; it may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all! http://hda.stillwaterinsurance.com