Tips for Buying Homeowners Insurance

home insurance

If you’re shopping for a new homeowners insurance policy, put these tips to work for you.  

Since your home is one of the biggest investments you’ve ever made, you want to protect it. You know that homeowners insurance can do exactly that, but you also know that you need the right policy to get the right protection. How do you find it? If you’re shopping for homeowners insurance, use these tips to find better protection at a better price.

  • Know what you need. You don’t want to pay for protection you don’t need, and you definitely don’t want to find out you didn’t have enough coverage after an accident. Figure out how much it would cost to rebuild your home and replace your belongings (a home inventory will help!) to determine what kind of policy you need.
  • Ask how you can save. Talk to your insurance agent to find out if there are any discounts available to you. Things like installing deadbolts, fencing in your pool, and even simply keeping your home well-maintained can help you save on your premiums. Also, ask how much you could save by bundling your home policy with your other coverages like auto and life.
  • Figure out the exceptions. Like most things in life, homeowners insurance policies come with exceptions. For example, standard policies don’t include flood or earthquake coverage. Make sure you read your policy carefully and understand what exposures may be left uncovered. Your insurance agent can help you put extra coverage in place to better protect your family and your assets.

We hope these tips help you find the perfect policy for your unique needs! If you’re currently hunting for homeowners insurance, contact the professionals at North American Advantage Insurance Services serving Dallas and surrounding areas in Texas.