Comparable home quotes bring better value!
Home insurance policies can vary significantly. Let’s start with a good comparison to find you better value for your home insurance dollars.
We compare your current home insurance with multiple companies and send over a thoughtful email with our results.
Results? Usually better coverage for less money.
Time and cost? 5 to 15 minutes of your time. (Get us your current insurance before-hand, and it can be even less!)
Follow up? We follow up how you want. No pushy sales or endless auto-drip whiz-bang campaigns.
Three important steps for getting good home insurance quotes:
While car policies are often more familiar, home insurance policies are a more complex (Don’t worry! Not too complicated!). But since your home is likely your most significant asset, it is worth taking 10 minutes to understand it while you’re pricing insurance.
1. Know what coverages you have by checking the “declarations pages.”
It’s especially true with home insurance that to get an accurate sense of value you should know your current coverages so that an insurance rep doesn’t quote you a policy with skimpy coverages and say “yes, we can save you money.”
Of course, if you want a policy on the leaner side to save money that is your choice, but the point is that you want it to be your choice, not the choice of a rep who reduced coverage just to make the sale.
The good news is that getting a grip on your home coverage should only take 5-10 minutes. Log into your current insurance website or app and download the “Declarations Page.” (If you don’t have an online account, you may have a copy from the mail, or you can request one from your insurance agent).
The declarations pages allow you to know your current home coverages & what additional benefits are in your home policy.
Pay special attention to:
- Your Dwelling Coverage Amount
- Other Structures Coverage if you have outbuildings.
- Your Deductible
- Your Liability Coverage
- Special options such as
- Additional or Extended Replacement Cost
- Earthquake coverage (Go to Understanding Earthquake Coverage if you’re looking for a deeper dive.)
- Water backup
- Hidden Water Damage
- Identity Restoration
- Matching siding/roofing
- Personal Injury
- Special Personal Property
- Special Personal Property limits
(Go to our Understanding Home Insurance if you’d like to know about the various coverages.)
2. Get multiple home quotes ahead of time to take the pressure out.
First off, if your goal is to save some money, some carriers will give you an extra discount for quoting ahead.
Most important, you’ll have time to consider your options, clarify differences between competing quotes, run it by a spouse, or gather additional information, clear those leaves off the roof, or to get some trees trimmed back if needed.
This lead time also helps get accurate quotes since the agency doesn’t have to rush (especially if they’re quoting more than one company for you). It also gives them time to clarify any underwriting issues that may arise.
We love providing multiple home quotes ahead of time!
3. Ask the agent these two questions:
Are there reasonable ways you see to reduce my home insurance cost?
Agents may hesitate to advise reducing coverages because they may be worried you’ll remove a coverage and then that loss will happen! But the reality is that the coverage is your choice and a thoughtful and experienced agent may have some decent suggestions.
For instance, perhaps your home has no significant outbuildings but your current policy has $70k of coverage. Or perhaps your home is insured for $600k but the estimator guide indicates you only need $525k. Or perhaps you have a $500 deductible but would gladly go for $5000 & save some premium since money isn’t quite as tight as it was 5 years ago. The point is, a good agent may have some decent ideas.
Are there any coverages you see that I should consider adding to my home policy?
This might be a scary one to ask but it is a good idea, especially if you haven’t checked your home insurance in awhile. Remember, you don’t have to take their suggestions, but it’s good to know if they see a significant shortfall somewhere.
For instance, we’ve come across people whose previous policy had $35k of insurance on a $225k outbuilding! Or, if you make good money now, perhaps you should consider a personal liability umbrella. Or perhaps you didn’t know that your home policy doesn’t include earthquake coverage. The point is, now is the time to ask and gather information.
Consider requesting home insurance quotes from us, we’d love to help!