It’s a fact of life that when you purchase a new home, the first accessory you’ll need to go with it is good insurance. For many homebuyers, the process of finding the right policy that fits your need can be frustrating, especially if they don’t know where to turn.
If you are purchasing home insurance for the first time, here are a few tips from the team at Focus Insurance to keep in mind.
Comparison shop. When you are looking for a policy, don’t simply settle for the first quote you receive. Instead, compare shop by getting a list of three different home insurance quotes. At the same time, make sure you’re not simply looking for the least expensive option. You need to be sure the policy you go with has the best coverage and the best value.
Make sure the coverage is right. The most important part of the insurance policy you are selecting is that it should be the right level of coverage. There are several options for levels that cover the common perils for homes, cover condos or mobile homes, and that cover older homes.
Understand what is not covered. There are different perils that your home could be affected by that may not be covered by an insurance policy. It’s just as important that you understand what is not covered by a policy as what is covered. Some typical causes of damage that policies don’t cover include earthquakes, nuclear hazards, and flooding.
Look at the details. All home insurance policies typically include options for everything from liability coverage to personal property coverage to replacement costs. Educating yourself on what these options include — and don’t include — will help you select the right best insurance option for your home.
If you are looking for home insurance in Eureka, MO and would like to learn more about the options available to you, contact Focus Insurance to speak with one of our team members.