Your home is probably one of the largest investments you will ever make. But it is also so much more than that. Home is where families grow up together, couples grow old together, and where memories are made. Our homes are filled with valuable possessions and cherished mementos. And, increasingly, home is also where we make our incomes.
Your home is worth protecting with a quality homeowner insurance policy from a reputable agent. We’ve got some simple home insurance buying tips to make sure you find the right policy at the right price:
Replacement Cost Matters
When deciding on the amount of coverage to purchase for your home, understand that replacement cost and market value are very different. What your home would sell for is likely very different than what it would cost to rebuild it. Insurance companies are concerned only with the replacement cost, also known as the reconstruction cost. Reputable insurance agents use sophisticated software programs to calculate the approximate reconstruction cost.
Working From Home?
If you are suddenly working form home it might be a good ideal to call your insurance provider and see if you can add coverage for business use computers and other equipment.
The price of home insurance varies between providers. It it a good idea to call several providers and ask for quotes in writing so you can compare policy features and not just pricing.
Choosing a higher deductible can add up to big savings. Consider the frequency of claims on your home insurance. If you’ve never made a claim then a high deductible might make sense for you.
Personal Injury Coverage
Not every home insurance policy includes coverage for slander, libel, and defamation (known as personal injury coverage). Check your policy to see if this coverage is included or available as an option.
Lastly, contact the professional personal lines agents at AssuredPartners of Nevada for fast, friendly service and excellent home insurance rates.