Information You Need Before Getting Home Insurance Quotes

Shopping for new home insurance is a big purchase — rates in the U.S., after all, average $800 per year. It makes sense that homeowners would want to compare information on home insurance rates from various insurers to be sure to get the most affordable premiums. But before you start asking for home insurance quotes, there is some information you need to obtain first.


Home insurers always require the same locational information about your home. This includes the physical address of the property, as well as whether the home is located in a potentially hazardous area, such as an area prone to hurricanes. Furthermore, you should be prepared to provide insurers with the distance between your home and the nearest fire department and fire hydrant. These factors make a big difference in how quickly firefighters would be capable of extinguishing a flame.


Your home’s construction components weigh heavily on the amount you will pay in premiums. Insurers will want to know what your home and roof are made of, as well as what type of foundation you have. You may also have to provide information about whether your home has a garage, a porch or a breezeway. Be sure to take note of whether your electricity uses a circuit breaker or fuse box, and let your insurer know how your home is heated. Gas and electric heating, for instance, get preferred rates over wood stoves and kerosene heaters.


Other details can impact your rates too. For example, the presence of deadbolts, fire extinguishers, smoke detectors and alarm systems can all lower the chances that you will have to make a large claim. You will also need to provide square footage information, the year your home was constructed, and the home’s purchase price or appraised value.

Ways to Keep Insurance Premiums Low

Keep Your Premiums LowInsurance premiums can rise over time as they fluctuate with the market. However, insured people can work to keep their insurance premiums low by reducing their risks, selecting a deductible, grouping coverage, and comparison shopping before renewing a policy.

Reduce Risks

Installing a wood burning stove in a home can raise home insurance rates by increasing the risk of fire. On the other hand, using safe practices and taking action to reduce risks can reduce rates. Installing alarm systems in homes and vehicles, for example, can reduce the risk of theft and lower insurance premiums.

Select a Deductible

Having an insurance policy that covers all expenses can be an enormous convenience when needed. However, some people will find that they pay much more for their premium than their out-of-pocket expenses for repairs or replacement. Selecting an appropriate deductible amount can lower insurance premiums and result in lower out-of-pocket expenses overall.

Group Multiple Types of Coverage

Selecting a group of insurance policies from a single company, such as home, vehicle and life insurance, can result in premiums that are lower for the group than if the coverage was purchased individually.

Comparison Shop and Change Companies as Needed

Each time insured people renew their policies, they have the opportunity to comparison shop and change to new providers if they discover one that offers a lower premium for the right coverage. Many people assume that because their provider offered the best deal initially, they will continue to do so. This is not always the case, and it can pay to verify or dismiss that assumption before renewing.

Insurance rates and policies will vary between insurance companies, so it is best to consult with them regarding the actions you can take to reduce rates to discover which are most applicable.

Are Lower Home Insurance Rates Really a Good Deal?

Obtain Good Deals!If you’re like the rest of us, you don’t want to pay a penny more on your home insurance rates than you have to. And with so many low rates being advertised in the media nowadays, it can be tempting to simply choose the lowest rate you can find. However, it’s important to understand that there’s more to choosing great coverage than simply selecting the most affordable home insurance out there.

Low Rates Might Not Offer Adequate Coverage

Though some insurance companies offer special deals and discounts that are usually valid for six to 12 months and do offer good coverage, there are always companies that offer extremely low rates for an unlimited period of time. But often times, even if the coverage amounts are adequate, you’ll find that the companies are lacking in other ways or sometimes are just plain scams. For instance, there are fraudulent companies that never pay out claims. Others don’t send out agents when you need them, and leave you waiting for your money for weeks. And in the event of a claim, that’s the last thing you need.

Finding Reliable and Affordable Home Insurance

The bottom line is, when you’re shopping for affordable home insurance, don’t simply choose the policy with the lowest rates. Find out exactly what types of damages are covered and for how much, and read the fine print to see if the low rates are a special offer that comes with specific conditions. Go online and do a search on the insurance company to see what other consumers say about it, and check with the Better Business Bureau to find out how the company is rated and whether there are any complaints about it.

Value for Your Money with Condo Insurance

Get Insured for Secured LivingFresh and clean with all the correct amenities, the condominiums will provide residents tight spaces in fine living. So it is highly necessary to cover your condo with insurance. You cannot predict when a disasters might hit your home. If your not willing to spend money on all those costly repairs, then condo homeowner’s insurance is very necessary for you. A condo home insurance policy usually depends on whether your living on rent or you own a condo.

Benefits of Condo Insurance

  • Possessions like clothing, furniture, electronics, appliances and art can be replaced or repaired
  • Liability coverages in case suffers a loss while visiting or someone is injured
  • Coverage for changes or additions made to the actual condo structure
  • Cleaning-up to take place after disaster

Affecting Factors of Condo Insurance

  • Credit score – Usually, condo home insurance agents can check for your credit score and report before giving you a condo home insurance quote. To ensure whether you are responsible or otherwise the is of client high-risk potential .
  • Location – You will be eligible for a low condo home insurance if your condo is near to the fire station within 5-10mins or is very near to the fire hydrant.
  • Crime rate in neighborhood – Check within the near by police station just to find the statistics of the neighborhood’s theft/crime/vandalism. The area with highest vandalism and crime rate will in the increase condo home insurance rates.
  • Security and safety– The security and safety features can higher or lower your condo home insurance. Including, security system, deadbolts, heat detectors and smoke detectors, will sum a point of extra safety to your house that will reduce the condo home insurance rates.
  • Building types– The condo home insurance rates will also be affected by the type of material your condo home is built. If your condo is built of brick, it will cost you less to insure, as the brick can withstand a fire very easily than a frame-building.
  • Living responsibly– Higher condo home insurance rates will be offered for smokers, because only smokers are very much tend to leave a lit cigarette out which can cause a home on fire.

Keeping the Honeymoon Alive: Pricing Out Home Insurance Before You Buy Your Dream House

Home Insurance to Secure ItFew people ever take into consideration home insurance rates when shopping around for their dream home. It makes sense – of all the things you already have to toss around in your brain, from worrying over bank approval to interest rates to neighborhood crime statistics, there’s almost no room for other considerations. But that doesn’t mean that you shouldn’t conduct a thorough home insurance comparison to ensure you’re not going to have to pay through the nose.

For example, few people stop to consider that older homes may actually cost far more to insure than newer, more expensive properties. What sounds counterintuitive on the surface actually makes sense when you look at it from the perspective of the insurance companies themselves. Newer homes can be a lot more expensive, sure, but older homes that have out of date electrical wiring present certain risks that aren’t as likely in later models.

If you’re eyeing a particular house and are still on the fence about whether or not it will be a good investment, compare home insurance quotes on the property. This could turn out to be the determining factor that might result in saving you tons of money on insurance premiums. Even if you’ve gone and fallen in love with a house and nothing anyone says can change your mind, performing a thorough home insurance comparison will at least mentally prepare you so that you’re not hit with any unwelcome surprises that could effectively ruin the honeymoon.

Top Seven Costly Insurance Mistakes Made by Texas Consumers

Texas Consumers - Beware!Too often Texas consumers get in a hurry when it comes to purchasing auto and home insurance. The result can be any one or more of these top seven mistakes:

1. Getting too little insurance.

If you don’t have enough coverage you may end up paying more out of pocket than if you had a slightly better policy.

2. Getting too much insurance.

Determine the resale value of your car based on its model year age as well as it’s condition. Depending on these findings, as well as your ability to purchase another car should yours become totaled in a wreck, you may be able to get by with just liability.

3. Not comparison shopping.

Auto and home insurance rates do vary among companies. Take the time to get several quotes.

4. Not “bundling”.

You can “bundle” phone, cable, and internet services and you can also do the same thing with home and auto insurance. If possible, get both policies with the same company.

5. Not taking advantage of each and every discount the insurance company offers.

Insurance companies offer a lot of discounts; make sure you’re getting every one that you’re entitled to.

6. Not re-examining your policy every few years.

Things such as your age, not having an under-25 driver on your insurance, and good driving records can all add up to savings.

7. Not having insurance at all.

In many states, it’s now mandatory to have auto insurance and failure to do so can subject you to severe civil and criminal penalties. You may not be required to have home insurance, but how will you replace things lost due to fire, theft, or damage? Can Help you Find the Lowest Texas Home Insurance Rates

Looking for Lowest Texas Home Insurance RatesThe state of Texas has been hit hard with insurance premiums due to the storms in the past few years. Home insurance rates have gone up rather then down. Every day people across the state open their insurance policies and find an increase in premium for what seems like an unknown cause. AgentInsure gives some of the best ways to lower your homeowners premium.

Deductibles play a big role in the amount of money you pay in every year. One rule of thumb for this savings is the higher the deductible the lower the premium.

Have both policies from the same carrier has a way of saving some money as well. There will usually be a discount for both policies that will show up as a multi policy discount.

Keep up to date with all of the security features available to protect you home with. Items include smoke alarms, fire extinguishers, and alarm systems that are monitored. Many carriers take dollars off the premium for keeping your home safe.

Some companies even offer a military discount for active and retired personnel. Make sure to have your papers available to show you were or are currently in the service.

Shop around for a better rate is probably the biggest way to save money for some people. Just because you have been with the same company for years does not always guarantee you are getting the best rate. Just make sure to compare coverage to make sure that they are better or equal to what you have on the home now.

Experienced Homeowners Regularly Compare Home Insurance Quotes

Compare QuotesOwning a home is not only a good investment; it’s also a significant financial responsibility. A home requires regular upkeep to keep it in good condition and increase its value, as well as adequate insurance to cover costs in the event of damages. That’s why experienced homeowners are always on the look out for the best home insurance rates. However, experienced homeowners also know that policies need to comply with mortgage lenders’ terms and conditions, and that it takes attention to detail to accurately compare home insurance quotes.

How to Compare Home Insurance Quotes

It’s a smart idea to compare home insurance quotes once a year to see if you can find a better deal with another company than your current insurance carrier. Before you compare home insurance quotes, make a list of all your insurance lender’s requirements for your home insurance policy. Next, make a list of your own requirements so you know what coverage you’re looking for when you compare home insurance quotes. For example, you might want to add flood insurance to your policy and compare home insurance quotes with the added coverage, or perhaps you want to adjust your deductible in order to get lower monthly premiums. Be sure to base the quotes you request on accurate information in order to get realistic quotes. When you compare home insurance quotes, always remember to read exactly how much coverage and what types of coverage each quote includes. If you find a quote that offers you the same coverage at better rates than your current insurance carrier, follow up with a call for more information. If you like what you hear, take the necessary steps to switch insurance companies.

Lowering Your Premiums with Security

Lowering Your PremiumsIf there’s any approach that’s infinitely effective at lowering your home insurance rates, it’s tickling the fancy of your insurance agent. But before you get the wrong idea, this isn’t a how-to guide on romancing a low home insurance quote out of your insurer. What we’re talking about here are making the kinds of changes to your home that insurance companies go crazy for, and subsequently give discounts for—like upgrading your home security.

What it Entails
Homeowner quotes can be greatly impacted by the installation of a burglar alarm, but just because you don’t have one in your home doesn’t mean that you don’t already have some security measures in place. Remember the following items, each of which can lower your rates, when discussing home insurance quotes with your agent.

  • Reinforced deadbolt locks on all main doors
  • Barred windows (whether intended as decoration or protection)
  • Fireproof safe for the keeping of valuables
  • Outdoor motion detector lights
  • Fire alarms
  • Secure garage doors
  • A watch dog

Before You Buy
Even with all of this, you might be considering the insurance benefits (and personal safety benefits) of having a burglar alarm installed. But prior to sinking half of your savings into it, first go to your insurer and find out what kind of system will lower your rates the most. After all, you don’t want to wind up spending a lot of money on an alarm system that’s not highly rated by your insurer, and results in you receiving a minimal discount.