home insurance

How to File a Home Insurance Claim: Top 6 Steps

Nobody ever wants to have to make a home insurance claim. But if you ever need to, you’ll be glad you have coverage. Whether you’re dealing with water damage from a storm, an injury on your property or even burglary, homeowners insurance is there when you need it.  According to a Consumer Reports study on home insurance claims, about 41 percent of people with claims over $30,000 encountered an issue. In fact, compared to other types of insurance, home insurance claims are the most likely to be rejected. Having an insufficient coverage level accounts for a large portion of these…

Understanding Home Insurance Coverage

Whether you’re a first-time homebuyer or someone looking for different home insurance coverage on the house you’re already in, comparison shopping is key to getting the homeowners insurance at a fair price. After all, insurance adds to the monthly cost of home ownership and needs to fit comfortably within your overall budget. Here are some basics for anyone seeking home insurance coverage. If You Have a Mortgage, Home Insurance is a Must When you buy a new house, your lender will require home insurance to complete the loan. As long as your lender holds the title on your home (i.e.,…

How to Find the Best Homeowners Insurance in Kansas

The national average for homeowners insurance premiums is $1,083 but the Kansas average is nearly $500 higher at $1,548. Kansas ranks second in the nation for tornados each year and tornados account for a major share of catastrophe losses because of their frequency but it is the wind and hail damage that really impact the price Kansans’ pay for homeowners insurance. Because of the regularity of wind and hail racing across the Kansas plains, it’s especially important to have thorough homeowners insurance coverage. There were more than $808 million worth of insurance claims issued in Kansas last year. It’s clear…

How to Find the Best Homeowners Insurance in Georgia

As the country’s top producer of peanuts, pecans and peaches, Georgia knows a thing or two about delicious treats. But what isn’t so sweet is the cost of homeowners insurance in Georgia. The average homeowners insurance premium in Georgia is $1,200. The national average comes in at $1,083. Having the right homeowners insurance in Georgia is essential. Higher than average homeowners insurance premiums in Georgia may be attributed to devastating weather events. Because Georgia has more than 2,000 miles of coastline, it is in a prime location for hurricane and wind damage to homes. Sea level is rising more rapidly…

Best Homeowners Insurance in California

Homeowners insurance in California is important protection for your home and its assets. It’s an expense that also impacts your budget. The national average for an annual home insurance premium is $1,083. In California, the average annual home insurance premium is $1,000.  Californians are used to paying more for things but the average homeowners insurance premium is slightly lower than the national average. However, that is changing. The surge in wildfires is contributing to increase in insurance premiums. According to Verisk’s 2017 Wildfire Risk Analysis, 2 million home were classified in California at high or extreme risk of wildfire. Wildfire…

Best Homeowners Insurance in Texas

The adage everything is bigger in Texas also includes homeowners insurance premiums. Homeowners insurance in Texas are among the top 10 most expensive in the United States. Homeowners insurance in Texas is important protection for your home and its assets. In Texas, the average annual home insurance premium is $1,937. That figure is quite a bit higher than the national average for an annual home insurance premium of $1,083. High homeowners insurance premiums in Texas can be attributed to an abundance of severe weather events, including floods, tornados and even hurricanes that punished the state over the last few years.…

How to Find the Best Homeowners Insurance in Missouri

The national average for homeowners insurance premiums is $1,083 but in Missouri, the average insurance premium comes in at $1,280. Missouri’s geography in the center of the U.S. lends itself to its fair share of natural disasters in the form of ice storms, tornados, floods and wind and hail. All of these weather events impact the price Missouri residents pay for homeowners insurance. Weather incidents accounts for more than half of all homeowners insurance claims across the country. In Missouri, it is the wind damage, frozen pipes that burst, roof leaks and ice dams that contribute to home damage that…

Do You Need Flood Insurance?

Anyone who has watched the news of a major hurricane or another intense storm has seen the aftermath of flooding. According to the Federal Emergency Management Agency (FEMA), flooding is the number-one natural disaster in the United States. So, how do I know if I need flood insurance over and above what my current homeowners policy covers? Given flood’s #1 status, you might assume a lot of people have flood insurance—but that’s not the case. FEMA statistics from the National Flood Insurance Program show there are more than 5 million flood insurance policies in effect, nationwide. Just one inch of water…

How Much House Can I Really Afford?

Turn one calendar page and it’s spring – prime time for the housing market to open exciting new doors after a long winter lock-down. But before you contact your real estate agent, stop and ask yourself “how much house can I afford?” Dreaming of luxury kitchen appliances, soaring ceilings, spacious walk-in closets, granite countertops, wood floors and a three-car garage means it’s time to house hunt. But before you contact a real estate agent, stop and ponder this question: How much house can you really afford? A little homework ahead of your house hunt will help you set realistic expectations,…

Shopping for Homeowners Insurance? What you Need to Know

Whether you are purchasing your first home insurance policy or seeking to update your coverage, talk with your SelectQuote agent to make sure you’ve got your bases covered. Things may seem complicated, even with a basic understanding of how home insurance coverage works. It makes sense to have questions for an expert when you shop for homeowners insurance. Here are five important questions to ask your SelectQuote agent about homeowners insurance. Does my homeowners insurance policy cover replacement cost or the actual cash value? Insurance agents strongly suggest replacement cost policies. However, some homeowners purchase actual cash value policies because…

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