As a homeowner, you have a lot of responsibilities. You have to make sure your home is properly maintained and taken care of at all times. While many try to cut corners on their monthly expenses, homeowners’ insurance isn’t something that you should go without. As you look at the different policies out there for you to purchase, consider asking the following questions of the agent.
Are there any discounts available to save money on the policy?
If you are looking to save money every month, you can ask your agent what type of discounts you might be eligible to receive. Some companies offer discounts for those who belong to a credit union, while others offer discounts for those with security systems installed in their home. Different insurance companies will have different types of discounts available to customers, but one of the more common discounts is a multi-policy discount. This applies when you bundle your home and auto insurance or home and life insurance. Essentially, anytime you have two policies with the same company you are eligible for this discount. Since you can take advantage of more than one discount, the savings can really add up for you.
Are there any special coverages that need to be purchased?
Depending on where you live, you might have to purchase additional coverage for your home. Things like flood insurance, pest control remediation, hurricane insurance and so on might need to be added to your policy to make sure you are covered in the event of a disaster. Some policies include additional coverages, while others make you add them on separately. Make sure to find out from the agent what all your policy covers so you can determine what to add on beyond typical coverage.
What type of coverage is available if someone were to be injured on the property?
While you might not plan on someone getting injured on your property, things can happen that are out of your control. For example, someone could slip walking on your porch and hurt their leg. You need to make sure that you are covered and the other person will be able to get their medical treatment paid for. You don’t want to find yourself having to pay out of pocket when you could simply have the proper insurance in place to cover any unexpected injuries.
By asking an insurance agency, the questions above, you can make sure you are taken care of and are able to get the best deal possible on your insurance.