How to find homeowners insurance

When it comes to your home, it may be one of the most valuable assets you may own. Which makes protecting it all that much more important. Having the right homeowners insurance in place will help you accomplish that goal. You may be shopping for a new home insurance policy, or maybe this is for a new purchase. Regardless, it’s best to know what you should look for and how to find the best home insurance for your family. In this article we will go over some of the basics when it comes to finding the right homeowners insurance policy and what to look for.

As with most important purchases, you’re probably looking for a good deal on the right amount of coverage. Sometimes it’s best to compare a few options to see what you believe is best. This is where Eugene C Yates Insurance Agency makes things easy for you. All of the agents are incredibly knowledgable when it comes to the ins and outs of homeowners insurance. In addition, they have access to some of the best home insurance companies in the industry, so when it comes to getting the best rates on the best coverage, they have you covered. If you would like to speak to an agent immediately, please feel free to give us a call at 916 313 6100.

Below are a few things to consider when looking for your next home insurance policy;

The types of home insurance coverage

Home insurance is designed to cover you in the event of a catastrophic event. These risks are often referred to as cover perils. A few examples of covered perils may include fire, theft, or a natural disaster. 

When you’re comparing homeowners insurance policies it’s always a good idea to check the types of coverages available and what each insurance company offers. The more affordable plan may not always give you aliquot coverage. Have your agent get a few few quotes together so you can make an informed side by side comparison. A few basic types of coverage may be as follows;

Dwelling home insurance coverage

This type of coverage could help to pay for repairs or the possible rebuilding of the home. It will usually cover the physical structure of the home if it happens to be damaged or destroyed by a covered peril. 

Personal property homeowners insurance coverage

Personal property coverage will help to protect your personal belongings. This can include clothing, electronics, and furniture. If items like these are destroyed or damaged by a covered peril there is a good chance your home insurance policy will cover repairs or replacement. 

Other structures coverage

You may have a detached garage or shed that needs protection. With other structures coverage your home insurance policy may cover damage caused by a covered peril. This can also include fences and other similar structures as well. 

Liability homeowners insurance coverage

Liability insurance covers you if someone is hurt or injured on your property. It can also cover you for legal expenses if someone where to sue you due to being injured on your property. It can cover medical expenses and legal fees as well.

Additional living expenses

If you run into a situation where you are forced from your home due to it being unlivable, additional living expenses coverage might protect you. If you have additional hotel bills or eating expenses due to not living in your home while it is being repaired or rebuilt, additional living expense coverage may pick up the tab for the difference. The damage would of course have to be caused by a covered peril to be considered within the policy terms. 

Review your deductible and home insurance policy limits

The home insurance deductible is the amount you would need to pay out of pocket before the home insurance company will start paying for your claim. When looking into home insurance deductibles always remember, the higher your home insurance deductible, the lower your home insurance rate will be. If you have money put away to cover in case of a disaster, you may want to consider a higher deductible to save money on your monthly premium. 

Always make sure you’re comparing an apple to an apple when looking at multiple home insurance policies. Some may on the surface appear to be a better value but do they come with the same amount of coverage? Is the deductible the same amount? These are important questions you may want to ask yourself before determining one is better than the other. 

In addition, you’re going to want to make sure you’re comfortable with the terms and what you may have to pay out of pocket. Please do your due diligence and review all policies completely before making a switch or jumping into a new home insurance policy. 

It may also be important to be aware that each type of home insurance coverage has it’s own limits. This is the maximum it will pay you for a covered loss. Your dwelling coverage may only cover a certain amount if a fire were to damage your home. These limits might affect the overall cost of your homeowners insurance policy. As with deductibles you’ll want to make sure you’re comparing apples to apples when comparing coverage limits as well. As these can affect the home insurance rate.

Simple home insurance quotes

If you don’t have the time to do the research on your own, it’s always best to get in contact with an insurance agent. The home insurance agents at Eugene C Yates are experts when it comes to securing the best home insurance policies in Sacramento, Lodi and Roseville California. If you want a fast, free home insurance quote, give us a call today! We’re nice people and we have great rates on home insurance! 916 313 6100