Ask these questions to help you find reliable homeowners insurance.
For the majority of homeowners, buying a home is the most expensive purchase they’ll ever make. It’s also likely to be their largest asset and proudest possession. So, it makes sense to protect your investment with homeowners insurance. When you’re shopping for home insurance, be sure to ask these questions so that you can find the right policy for your needs.
What is and is not covered?
What is covered by your standard home insurance? Before signing, you should know exactly what is and is not covered. Most disasters tend to be covered, but floods and earthquakes are typically excluded from standard coverage. Be sure to ask specifics so that you understand your policy – ask for the difference between routine maintenance and unexpected damage. Is a leaky roof covered or is it considered ‘flooding’? If a belonging is stolen, will you be reimbursed for its purchase price or its depreciated value?
How much would it cost to completely rebuild my property?
In the event of a disaster, such as a fire, your homeowners insurance should cover the expense of rebuilding your property from scratch. Keep in mind that this is not the price that you paid for the property. Be sure to have your insurance agent walk through this scenario with you so that you can be sure your property is covered.
What is the process for filing and settling a claim?
In the event of loss, you should know how to file a claim easily with your insurance company so that you can get reimbursed quickly. Make sure you know who to contact, how the claims process works, and what they need from you when filing a claim.
Asking these questions can help you to find the right policy! To find the best home insurance policy to fit your needs, contact Bell Black Insurance today! We serve all insurance needs for those in Idaho Falls, Island Park, Driggs, Victor, Swan Valley, Ashton, and the neighboring communities in Idaho, as well as Jackson and Star Valley in Wyoming.