by When buying a house in the United States, home insurance is indispensable.
When you’re looking for a home in America, don’t forget to buy home insurance. It can ensure that in the case of rain or unexpected occurrences, you can give timely financial compensation to help you mitigate the loss caused by disasters.
Home insurance online price comparison, easy and worry.
In addition to the traditional offline insurance brokerage services, there are now many free home insurance comparison tools online that allow you to easily browse and compare the quotes and services of various insurance companies.
- Choose the right state of residence: Since home insurance company reviews vary from state to state, choose your state first so that the tool can recommend the best insurer for you.
- Enter the Zip Code: Even within the same state, the best insurer can vary from city to city. Simply enter your address Zip Code to get a personalized list of insurance company recommendations in no time.
- Easy inquiry: After selecting your favorite insurance company, just go to their official website for inquiry, online inquiry often can also enjoy additional discounts!
How to reduce home insurance premiums?
Home insurance premiums vary greatly depending on what is covered, the amount of out-of-pocket payments, and the insurance company. You can save a lot of money by mastering the following:
- Compare several insurance companies：It takes time, but it saves you money. Ask a lot of questions and compare prices so that you not only know the details of the insurance, but also know which company’s service is good, and then choose the best home insurance for you. Don’t forget to ask them how they can save you money.
- Raise your deductible: A deductible is the amount of money you have to pay before the insurance company starts to lose money. Many insurers recommend setting the deductible at $500, but raising it to $1,000 can save about 25% on premiums. However, if you live in an area where disasters occur frequently, it is best to have a separate deductible for these special losses, such as earthquakes in areas where earthquakes occur frequently.
- Don’t confuse the cost of buying a home with the cost of rebuilding: The land under your home is free of theft, storm or fire risks, so don’t factor in the value of the land when deciding on insurance coverage, which could lead to higher premiums.
- Buy home and car insurance together: Buy home and car insurance at the same time with the same insurance company, usually the insurance company will give you a discount of 5% to 15%.
- Make your home more resilient: add storm shutters, reinforce the roof, renovate old houses, and strengthen the electrical system to save money.
- Improve home security: For example, install smoke alarms, burglar alarms and anti-theft locks, and you can get about 5% discount on premiums. Some insurance companies also offer discounts of 15 to 20 percent on homes with sprinkler systems and fire alarms that alert police to fire or monitoring stations.
- Maintain a good credit history: Having a good credit history can help keep your premiums down, no matter what insurance you buy.
- Become a regular customer of an insurance company: Some insurance companies will give customers who are 3 to 5 years old a discount of about 5%, and customers who are more than 6 years old may even get a discount of 10%.
- The condition of the house also matters: premiums are lower if the house is near a fire hydrant or in a neighborhood with a professional fire department; Or if electricity, heating and plumbing are less than a decade old, premiums will be cheaper. In addition, such as the east of the good wind resistant brick housing, the West Bank of the good earthquake resistance building materials, can reduce premiums by about 5% to 15%.
What exactly does the house insurance cover?
- Post-disaster compensation: It will provide necessary compensation for the homeowners or loan banks after the disaster, to help everyone return to life as soon as possible.
- Building protection: To provide comprehensive protection for the building itself, including the main body of the building, walls, garage, driveway, and even swimming pool and other ancillary facilities. Whether it is damage to the house or damage to the facility, you will be compensated accordingly.
- Personal Belongings: Home insurance will also protect your personal belongings, including furniture, appliances, books, collectibles, and important documents. Even when disaster strikes, precious items can be properly housed and compensated.
- Cost of living compensation: Additional cost of living compensation will be provided to homeowners who are unable to use their homes due to the disaster.
- Accident Liability Insurance: This protection is like a “safety lock” on your home, whether it is the owner or visitors in the house inside and outside of the accident, can be compensated accordingly.
