Purchasing a new home is a significant investment. For many, it is a one-time purchase. A house takes a financial and emotional toll, and as such, you should invest in its protection. That is why it is a smart move to consider
homeowner’s insurance policies early on. How do you navigate the confusing world of insurance policies, though? Selecting the best plan for your needs has never been easier!
Understanding the Basics
If you own your own home, most mortgage lenders may require you to receive homeowner’s insurance. To locate a policy, consider shopping around from a handful of insurance companies; assess their coverages, limits, and deductibles thoroughly before making a concrete decision.
Be sure you are not sacrificing protection for a lower price, though. You will likely communicate with your insurer at stressful times, so consider a provider with renowned customer service and 24/7 support.
Don’t Knock Discounts
Many homeowner’s insurance providers offer discounts for risk-reducing behavior, so take advantage of any money-saving opportunities. You’re a homeowner now, which means saving money wherever possible is crucial.
Some policies will even offer discounts for being a first-time buyer. Others will provide you with savings opportunities for improving your credit score. The higher your credit score, the lower risk you’re typically considered.
Know Your Home
If you’ve only just purchased a home, be sure to receive a claims history report directly from the seller. This detailed report will reveal any previous damage, including fires, flooding, and any other incidents. This information could reveal weak points within the home that may increase your insurance rates – or even worse, make it impossible to receive an insurance policy.
Contact Us
To discuss homeowner’s insurance policies,
contact Mauceri Bynum Insurance by calling [phone]. We’ll work with you to ensure you receive the coverage you need most!
