Cheap Home Insurance- Dos and Don’ts

DO: Use a home insurance shopping site that can compare multiple rates for you from multiple companies (like HomeInsurance.com!)

DON’T: Purchase the first quote you receive.

DO: Talk to an agent in person to make sure you are getting the policy and rates that work for you.

DON’T: Give up dwelling coverage to cut costs.

DO: Check your deductibles and make sure they accurately reflect your financial situation in the event of a claim.

DON’T: Set your deductibles so high that you would be left in a bad situation in the event of a claim.

DO: Ask your home insurance agent if you are taking advantage of all available home insurance discounts.

DON’T: Forget to update your coverage if you add square footage or expensive items to your home or home’s contents.

DO: Insure both your home and auto with the same company and save up to an additional 30%!

DON’T: Cut down on liability coverage just to save a few bucks- you might need it someday.

DO: Talk to an agent in person to make sure you are getting the policy and rates that work for you.

DON’T: cancel your homeowner’s insurance policy just because your lender no longer requires it.