When you purchase a home in California the homeowner’s insurance you choose is an important decision.
Should anything go wrong with your new home it’s your homeowner’s insurance that will be there to ensure repairs can be made, damages are taken care of, and you can return to a safe and sturdy home once again.
Things like storms, fire, and burglaries occur without warning, and you’ll want the right policy to protect you if the unexpected happens.
Before you sign at the dotted line on your new home shopping around for the right homeowner’s insurance policy for you is a great idea.
The shopping process ensures that you’ll be able to find a policy that covers what you want to be covered, includes any additional policies you’d like to include, and fits your budget.
You don’t have to go with the first provider your mortgage company recommends, and you do have the final say when it comes to who provides your coverage.
These tips include:
1. Check out your options by investigating quotes – The first thing you should do when shopping for homeowner’s insurance is getting to know a little more about the market.
Search around, obtain quotes from various providers, and dig deep into what these policies cover.
By doing this bit of research first you can really determine what you want, what you don’t want, and what your homeowner’s insurance budget may be.
2. Look into ratings and testimonials – Ratings and testimonials will let you know just what sort of experience you can expect to have with any homeowner’s insurance provider.
Whether claims are paid out promptly, whether customers are satisfied with their policies, and whether a provider will be there for you when you need them can be found by reading testimonials and ratings.
3. Check out what optional policies a provider might offer – Some important coverages, like flood insurance, for instance, is a separate policy from your main homeowner’s insurance policy.
If you are looking to obtain additional coverages for your home, make sure your chosen provider offers such policies and see what pricing will be when you add these coverages to your plan.
Earthquakes, floods, wildfires, and other coverages may be optional add-ons to your plan.
4. Compare the premium and the deductible – Some policies with low premiums may offer much higher deductibles, and some policies with high premiums may offer lower deductibles.
Depending on the pricing structure you’re looking for, opt for a policy that meets your budget needs both monthly and if you need to file a claim.
Meeting your coverage needs is the most important factor to pay close attention to when shopping for a homeowner’s insurance policy.
If you’re shopping for a homeowner’s insurance policy our professional agents are here to help you to learn more about the policies we offer.
To learn more, contact us at Panorama Northridge, CA to speak with an agent today. Call: 818-781-6630