| meowners insurance you want full protection with | | | | the best choice. In addition to price, you need to |
| a top company at an affordable price. But where | | | | consider several other factors: |
| do you begin to look? | | | | * Does the policy use replacement cost or actual |
| A Job You Can Sit Down For | | | | cash value when it comes time to pay a claim? |
| Fortunately, finding the perfect insurance policy no | | | | Replacement cost is better, as it pays the actual |
| longer means you have to spend days on the | | | | cost to repair or replace your home and |
| phone or in your car calling and visiting insurance | | | | possessions regardless of depreciation. |
| agencies. Instead, you can sit down at your | | | | * Is the policy an at-risk policy, covering all perils |
| computer and log on to an insurance comparison | | | | that aren’t specifically excluded. The |
| website. | | | | cheaper alternative is a named perils policy, which |
| These websites let you fill out a homeowners | | | | only covers perils specifically named in the policy. |
| questionnaire right online and will then submit the | | | | * Is the company financially stable? Go to or to |
| application to multiple insurance companies. Before | | | | check their financial rating. |
| you know it, you'll receive rate quotes from | | | | * Check with your state department of insurance |
| A-rated insurance companies. Then all you have | | | | website to make sure the company is legally able |
| to do is compare the quotes and choose a | | | | to sell insurance in your state. Also check their |
| company. (See link below.) | | | | complaint ratio to see how they treat their |
| What Should I Look For As I Compare Quotes? | | | | customers. |
| So now you have quotes from several | | | | The Bottom Line |
| companies. How do you choose the best quote? | | | | Your home is likely to be your biggest |
| The easy answer would be to just pick the quote | | | | investment, so protect it with the best |
| with the lowest price, but this may not always be | | | | homeowners insurance you can afford. |