Hi, my name is Brian Stevens. I am a former insurance agent and financial consultant. And, I am going to answer the top five homeowners insurance questions.
1. What does homeowners insurance cover?
Homeowners insurance protects your home and your personal possessions from damage due to fire, lightning, burglary, vandalism, and acts of nature. It also protects you against liability lawsuits if someone is hurt in your home and they sue you.
2. How much insurance do you need?
You need enough homeowners insurance to cover the cost of rebuilding your home if it is destroyed, to replace your personal possessions if they are damaged, and to protect you from liability lawsuits.
To assess how much home coverage you need, get the square-foot building costs in your area from a builder or a realtor, then multiply that figure by your home's square footage. For coverage for your personal possessions, take an inventory on everything you own and use the total value. And for liability insurance, figure enough coverage to protect your assets in the event you are sued.
3. What about flood and earthquake insurance?
Most standard homeowners’ policies do not provide flood or earthquake coverage. If you live in a flood or earthquake zone, you will need to get additional insurance.
4. How can I find a good insurance company?
J.D. Power & Associates rates homeowners insurance companies based on input from customers who own insurance policies with those companies. These ratings give you a good idea of how an insurance company treats its customers and how it pays its claims.
5. Where can I get cheap homeowners insurance?
The best way to get cheap homeowners insurance is to comparison shop and the easiest way to do that is to get quotes from an insurance comparison website. It is quick, it is easy, and it is free.
Visit lowerratequotes.com, to get homeowners insurance quotes from top rated companies, and see how much you can save.
You can get more insurance tips in the article section and get answers to your questions. Plus get advice on how to lower your premium, from an insurance expert, by using their online chat service.
To visit this site, just enter loerratequotes.com in your internet browser.
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