How to Properly Compare Homeowner Insurance Quotes

If you're in the market for homeowners insurance, it can be challenging to know where to start. It seems like every company is different and offers a unique set of coverage options. Read on to learn how to compare quotes side by side and find the best coverage at the most affordable price.

Get Quotes from Multiple Companies

It's a good idea to get quotes from at least three or four companies before making a decision. You can either fill out an online form with basic information, call the insurance company directly, or even request a quote in person if you prefer. As a bonus, you can often bundle home and auto insurance for even more savings. This is where working with a knowledgeable insurance broker can come in handy. Brokers are trained to give accurate policy comparisons to help ensure you're getting the best deal possible. By providing you with advice based on past experiences, brokers can help you to save time and money.

Some companies will offer discounts for new customers, so make sure to ask about any special promotions. You'll also want to see how much coverage you're getting for the price. You may be surprised how much you can save just by asking a few simple questions.

Some homeowners insurance providers offer discounts for people who take measures to reduce their risk of damage, such as installing deadbolt locks on the front door or smoke alarms in every room. You might also get some money back if your home has certain safety features like fire sprinklers.

Look at Company Reviews Online

The best way to compare quotes is by looking at reviews and ratings online. This will give you an idea of what people like (or dislike) about each company and allow you to make a more informed decision based on customer satisfaction.

A good place to look online for business ratings is the Better Business Bureau, which can give you a general idea of how well each company handles customer service. You'll also want to look at reviews from independent rating companies such as J.D. Power and Consumer Reports. They perform in-depth testing on all types of products and services, including insurance providers.

Compare Your Coverage Amounts

The next step is to compare the coverage amounts offered for each company. You will want to look at replacement cost, the deductible, and additional coverage options such as personal liability protection. Personal liability protection pays for damage to property and or injuries to a person in the event of an accident that you're responsible for.

If you're an Oregon resident looking for home insurance quotes, contact the experts at Insurance Lounge. Learn more about all the homeowners insurance policies we offer.