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| The Value of a Home Insurance Comparison |
When you shop for a home, you compare dozens of them before buying, right? The same should be true when shopping for home insurance. Completing a home insurance comparison ensures that you are getting great coverage at a low rate.
Here are 3 tips to help you better conduct a home insurance comparison:
- Compare Home Insurance Rates Cost is important when doing a home insurance comparison. Home insurance rates vary by provider, so you must compare several quotes to find a good rate.
- Compare Coverage Types and Amounts A good home insurance comparison is about more than just price. Amounts and types of coverage are extremely important. You need good coverage in case a disaster occurs.
- Fire
- Wind
- Storms
- Volcanoes
- Compare Discounts A home insurance comparison can help you find money-saving discounts. Common discounts include:
- Multi-Policy Discounts: Homeowners who insure their home and vehicle with the same insurer can save 15 percent on both premiums.
- Senior and Loyalty Discounts: Insurers offer discounts to seniors and long-time customers.
- Non-Smoking Households: Many insurers extend savings to smoke-free homeowners.
- Home Security Features: Security systems, deadbolt locks, fire-retardant roofing, smoke detectors and storm shutters can lower your rates.
A standard home insurance policy will cover damage caused by the following disasters: