Should you shop around for home insurance?
Does it pay to shop around for insurance? The answer is yes because you can realize some big savings by shopping around for home insurance. While not as price-competitive as car insurance, you can still manage to save significantly on homeowners insurance premiums by comparison shopping for competitive rates. According to Consumer Report Home Insurance Buying Guide, you should review your current coverage every few years.
Before you start comparison shopping, you need to determine whether or not your have the right amount of coverage. Do some research into the coverage that you have with your homeowners policy. If you’re home has increased or decreased in market value over the years, your current coverage may be outdated. It’s important to consider market value vs. replacement values, the cost that is necessary to repair or replace your home and/or insured possessions.
If it’s time to change your coverage or if you want a break on your monthly payment, it’s a good idea to compare your current premium and costs to what’s being offered by other companies to see if you can benefit by switching to an new insurer. Make sure that you’re getting quotes for the same coverage levels and deductibles in order to properly compare policies from different insurers.
It’s easier than you think
Patience, persistence, and a lot of research are all part of how you shop for home insurance, but this can be frustrating, time-consuming, and confusing because each insurance company has different criteria for what they cover and do not cover. Factors that can affect coverage costs in your area can include building costs, local crime statistics, and, more importantly, the risk of natural disasters such as tornadoes, hurricanes, wildfires, earthquakes, and periodic floods.
An independent insurance agent and broker can really help when it comes to getting the best home insurance to fit your needs as well as your budget. Independent broker, Dan Fraisse, has been helping customers find the right coverage with the right insurer for over thirty years.
Over the years, Dan has formed working relationships with all of the major insurers. As a local expert, he understands the factors the come into play for residents in Southern California when it comes to the type of and amount of home insurance coverage they need to be adequately protected.
Just pick up the phone
Let Dan Fraisse take the work out of shopping around for home insurance. As an independent home insurance agent, his allegiance his is to you, not any specific insurance carrier. He will work with you to determine the best homeowners coverage for your situation and then find the best possible deal.
With over three decades of serving clients in the greater Los Angeles area, Dan Fraisse, insurance agent in Montrose, CA., can save you both valuable money and time by comparison shopping for you.
Call our office today get your free insurance quotes.