Home Insurance

What to Do When Your Home or Auto Rates Increase

Buying a home or auto insurance policy can seem daunting, but it’s worth it. When things go wrong, you want to make sure you — and your assets — are protected. In the end, insurance can help bring peace of mind. But after going through the insurance purchase process, you may see your home or auto insurance rates increase. It’s pretty common. Later on down the line, your rates increase. This can be frustrating and confusing. You put in the work, did your research, and decided on a policy that met all your needs. Now, you’re looking at the bill and you’re not sure why it’s suddenly more expensive than what your original commitment. If the price of your home or auto insurance has gone up, there are a few things you can do to help bring the price back down within your budget. Understand Why Home or Auto Rates…

Five Ways to Lower Home and Auto Insurance Costs

Insurance may not be the most exciting purchase to make, but it’s an important one. When it comes down to it, the purpose of insurance is to ensure protection of our assets. We have life insurance for ourselves, but home and auto insurance protect the assets we’ve worked hard for and assist us in our everyday lives. When it comes to purchasing insurance – whether it’s home or auto, or both – everyone is looking for smart ways to save money. And you still want to receive the appropriate level of coverage to feel secure. Below are five ways to make sure you’re keeping your home and auto insurance costs as low as possible. Shop Around for Home and Auto Insurance How can you know you’re getting the best deal unless you shop around? According to J.D. Power*, only one-third of consumers shop around for new car insurance rates each…

Review This Information in Your Home and Auto Insurance Policies

Life changes, such as buying a new home, a new car, having a baby or sending your last child off to college can all be exciting moments, but they also allow time for reflection. One of these reflections can be focused on re-evaluating your insurance needs. It’s important to consider these life events and ensure you still have the best Home and Auto Insurance policy for you and your family. Why You Need an Insurance Checkup Oftentimes, changes in our lives translate into new needs when it comes to insurance coverage. Insurance policies need to change along with you. By conducting an insurance checkup, you can make sure that you’re not left exposed by being underinsured. And you can also make sure you aren’t paying too much. Even if you haven’t experienced a recent life change, it’s a good habit to review your insurance policy each year — at a…

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 denials. The prospect of actually filing a claim, though, can seem overwhelming. Make sure to follow these steps to help the process go as smoothly as possible. Home Insurance Claim Steps Call the Police If Necessary If you were the victim of a crime such as personal property damage or…

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., until you pay off your mortgage) insurance needs to stay current. You can change providers, but you need to keep your home insurance coverage up to date to protect your lender’s investment. Homeowners Insurance Coverage Basics Insurance policies involve painstaking detail that can leave anyone feeling lost. Here are some…

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 there are plenty of severe weather events that require widespread homeowners insurance protection. Find the Best Homeowners Insurance in Kansas Shopping for a great homeowners insurance policy in Kansas doesn’t have to be challenging. Your SelectQuote agent will work with you to find a home insurance policy that works best…

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 in Georgia than along other coast because land is sinking. Combined with an increase in intensity in tropical storms over the past 20 years, Georgia residents have some strikes against them when it comes to the price to pay for homeowners insurance. It’s important to protect your home and its…

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 losses added up to more than $5 billion over the past decade. As the state with the largest population, California is home to several large cities and varied landscapes, including mountains and desert. In addition to wildfires, earthquakes, drought, landslides and flooding are natural disasters that can impact home insurance…

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. Texas falls behind California as the second largest economy in the United States. The economic impact of natural disasters, such as 2017’s Hurricane Harvey, totaled $190 billion. With a large land area and the second most populous state behind California, the Texas countryside and cityscapes vary from arid in the…

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 may require help from homeowners insurance. Missouri residents are familiar with extreme heat and cold that impacts residents across the state every year, which contribute to the need for purchasing a solid homeowners insurance policy. Find the Best Homeowners Insurance in Missouri In Missouri, when you need homeowners insurance, let…

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