At NetQuote, we strongly recommend that you shop around for low cost home insurance quotes, but always keep in mind that insurance is a tradeoff: The lower your premium, the less you’re covered.
Many people fall into the trap of focusing so much on saving money that they
lack sufficient coverage to meet their household needs.
For example, most homeowner insurance quotes will specify coverage for damage
to your home caused by theft, fire, lightning, smoke, frozen pipes, ice and
snow. Basic homeowner insurance also provides coverage for liability claims,
medical payments to third parties and legal costs if a lawsuit is brought against
you.
Buy Home Insurance Coverage
However, insurers almost always exclude damages caused by an act of war, nuclear
accident, flood, earthquake and terrorism. If you want financial protection
against such occurrences, you’ll need to get homeowner insurance quotes
that include special policies or endorsements covering these disasters.
Don’t Settle for Minimum Coverage
Mortgage lenders require that you purchase only a minimum amount of home
insurance. But barebones insurance doesn’t necessarily provide the
amount of coverage you truly need. Get homeowner insurance quotes for the
cost of completely rebuilding your home and consider insuring it for that
amount.
Covering Your Valuables
Cheap home insurance is unlikely to cover all of your high-priced or hard-to-replace
items, such as engagement rings, watches, furs, antiques and other valuables.
Ask for a free home insurance quote that includes additional endorsements or
floaters to protect these kinds of items.
What to Know About Deductibles
Some homeowners look to save money on insurance premiums by opting for a higher-than-minimum
deductible – $1,000 or even more. But there is a drawback to choosing
this savings. In the event of a loss, you have to pay this amount out of
your own pocket before your homeowners insurance kicks in. So if your homeowner
insurance quotes include a high deductible, be sure you’re financially
prepared to handle this payment.
With NetQuote, you can find the lowest in discount homeowner insurance quotes,
but don’t sell out your future to save a few dollars today. Make sure
your policy provides all the coverage you really need.
Discover how easy shopping can be. Get your free homeowner insurance
quotes now.
