Your home owner’s insurance protects not just your home, but the possessions inside it. If you have valuable paintings, expensive electronics, and other valuables in your home, a solid insurance plan will provide ample coverage for these items. Use the following advice to get the best policy at the best price.
When you move homes, be sure that your belongings are insured for the move. This may mean buying insurance from the moving company. Your homeowner’s insurance policy may also cover items that are damaged, lost, or stolen in transit. Check with your insurance agent about a “special perils endorsement”, which will protect valuables during a move.
Be sure to review your policy yearly to check and see if there are any discounts available to you. This may result from additions such as a security alarm tied to a monitoring agency, a fire suppression system, and installation of additional fire alarms. There also may be items in your neighborhood that can effect it such as removal of trees or additional fire suppression outlets.
Before speaking with a claims adjuster about your homeowner’s insurance claims, get some repair estimates from trusted local businesses. This will give you some ammo against the insurance company when they tell you how much something will cost to repair or replace. Also, emergency repairs that you make to keep the damage from getting worse will be covered, as long as you keep receipts.
Valuables can be hard to replace with insurance if you don’t have pictures of them. It may take a bit of effort on your part, but keeping a close inventory will make it quick and easy for your insurance company to process any claim you file.
Obviously, the more coverage you have, the more you’re going to pay. But that doesn’t mean you are stuck with the highest premiums. You can lower them, especially with the tips you found here. Simply use these tips to save lots of money on the policy you have.