When shopping for Home owner's insurance most consumers consider only 3 factors.- what is the bottom line price,
- what is the dwelling coverage amount, and
- what is the liability coverage amount.
To be perfectly frank that is like calling a realtor and saying I want to buy a house, I want to pay less than $250K, it should have 3 bedrooms and 2 bathrooms.
No one in their right mind would make such an important purchase based on only three questions.
Do you know how much coverage you have for your personal property? Is your property covered when it is away from the home? Are there items of personal property, like jewelry or guns that are limited in coverage?
How much coverage do you have if you cant stay in your home after a claim? Will you be able to stay in a hotel of your choosing?
In the event of a loss what are the limits of coverage for things like debris removal, landscaping and fire department charges?
Are there provisions in your policy that guarantee renewal, even after a claim? Are their provisions that guarantee that your rate will not increase because of a a claim?
If you don't know the answers to these questions please contact me at 509-892-9139 for a full review.
1 comment:
Good one. I like the way in which you have started explaining the problem related to home owners insurance. You have nicely started you post taken yourself as insured that is very interesting. You have questioned so many points that normally people won't consider. I have few more queries and will call you on the number to get some help from you.
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