Whether you are unhappy with your coverage, your high premiums, or the lack of customer service, you may want to switch insurance companies.
Insurance is a very competitive market in California, so you may be able to find better coverage at a lower rate if you shop around. Changing insurance companies can seem a bit cumbersome and may have you nervous about losing coverage, but fortunately, making the switch is pretty straightforward.
Here’s how to do it.
It’s always a good idea to do a quick refresher on homeowner’s insurance basics. Make sure you understand the different types of coverages and some of the basic terminology. There are a lot of online resources that can help.
This will ensure that you better understand your current homeowners insurance policy and what you want in a new plan. Once you know more about what is available, you’ll be an informed consumer and able to make a better decision.
Next, do a little research into the providers in your area. Check and make sure they are fully licensed in your state. You can look this up online on your state’s department of insurance website. Next, read some reviews to make sure they are a good company.
Google review is a great place to start but you can also look on the Better Business Bureau website. Another good idea is to ask friends, family, and neighbors who they use and if they are happy with their provider. If they are, add them to your list of companies to research.
Once you have a list of providers, you can begin to plan your reach out.
Next, make a plan for what you want. Start by setting a budget for your monthly or annual premiums. Then make a list of necessary coverages and then a list of additional coverages that you would like if they meet your budget.
Then contact the insurance companies that you are considering near you. They will either provide you with a quote form or will ask you questions.
Get a number of quotes. It’s a good idea to at least get five different quotes from different insurance companies. You can do a detailed comparison of costs and coverages and get the most for your money.
You should also ask about discount programs. There are a lot of ways to save on insurance like bundling your policies, having no history of claims, or even installing a home security system.
These programs can help you get more for your money.
If you are looking to change homeowners insurance providers, contact the insurance agents at Panorama.
We work with a number of different insurance providers and can get you a variety of quotes fast. That way you can easily compare a number of policies without the hassle of contacting multiple providers.
To learn more, contact us. We’ll be happy to walk you through the quote process and find you a homeowners insurance policy in Northridge, CA that works for you.