| Why is Finding the Best Homeowners Insurance | | | | advise homeowners to shop around between |
| Company Important? | | | | competitive companies periodically. If you have a |
| Many of you may think that all insurers are the | | | | policy, why shop around? |
| same. It is true that they are regulated by state | | | | - The market changes all of the time. Insurers |
| and local laws and have to meet minimum | | | | respond to competitive conditions. You may find |
| standards. But that still gives individual insurers a | | | | an insurer who will offer you discounts for |
| lot of room in our free market system. Consider | | | | anti-theft devices or for combining multiple policies. |
| some of the things you should consider when you | | | | Your old company may not have an interest in |
| are covering your biggest asset. | | | | guiding you towards these lower rates. |
| - Customer Service - Will your company stand | | | | - Your own situation changes, and you may not |
| behind you when you need to make a claim. | | | | realize how that can affect your rates. In order |
| Some companies go out of their way to support | | | | to get the best homeowners insurance rates, you |
| their customers while some seem more | | | | need to shop with your current information. You |
| interested in minimizing the amount of money | | | | may not think about how buying another car, can |
| they have to pay out. If you are going to pay | | | | even affect your overall premiums. But it can if a |
| premiums for years, you want to make sure | | | | company will cut you a better deal on home and |
| your company is there when you need them! | | | | car insurance discounts. |
| - Policy Premiums - All insurers do not change the | | | | Compare Insurance Companies and Policies |
| same rates. That is why comparison shopping for | | | | You will want to confirm that you are purchasing |
| a policy is very important. You are going to | | | | a policy that is the same, or better, than your old |
| commit to years of payments, and you do not | | | | one. As a final step you will probably want to sit |
| want to take the first offer you see. Beyond | | | | down with an agent so you can go through your |
| basic rates that are set for a home like yours, | | | | documents. It will not do you any good to save a |
| you may be entitled to discounts with some | | | | few dollars on premiums if you have cut |
| insurers. | | | | coverage when you need to make a claim. |
| - Financial Stability - Nothing is more frustrating | | | | However, you can begin shopping with some |
| than having to find another insurer because your | | | | simple online quote forms. Find one that is secure, |
| company has stopped doing business in your local | | | | verified by a third party, and that allows you to |
| area. You want to find a company who plans to | | | | compare multiple companies in your area. It only |
| stick around, and who has the assets to do that. | | | | takes a few minutes to fill in the boxes. Then you |
| Is Loyalty a Two Way Street? | | | | can get competitive plans and quotes sent back |
| You cannot assume that your old insurer is giving | | | | to you! |
| you the best rates on the market either. Experts | | | | |