Regardless of its size or when it was built, a home is a significant investment. The right homeowner’s insurance policy will help protect that investment while also safeguarding your other assets against claims. When searching for a home insurance company, asking these questions can help you find one that meets your liability and property protection needs.
Do They Offer Full Coverage Options?
You want to find an insurer who can meet all of your coverage needs in one place. This will help streamline the process if you need to file a claim down the road. A few of the policy coverage components you might need to consider include:
- Full replacement costs for rebuilding the home
- Accessory dwellings
- Excess liability or umbrella coverage
- Replacement of fine art, antiques and collectibles
- Identity theft
Are They Familiar With the Local Market?
In this era that seems to be dominated by impersonal service, it is easy to overlook the importance of local knowledge. However, that can be a big mistake. Your home insurance company should understand fundamental factors affecting the local real estate and construction markets. This can help determine home values and accurate replacement costs for establishing policy limits.
Working with an experienced insurer who is familiar with the local market can help you find the right coverage for your home.