There are many perks of being a homeowner. However, taking care of that investment can be a daunting task, especially when it comes to homeowners insurance. There are so many options to choose from. Selecting one option over another might save you money on your premiums initially, but it could also cost you money in the event that something happens. The proper insurance coverage should be determined based on your own unique situation and needs, not solely on price. One size does NOT fit all when it comes to your insurance coverage and cheaper is definitely NOT always better.
In general, most homeowner’s policies do not cover natural disasters such as flood and earthquake. Coverage for these kinds of disasters are generally only available through a separate policy. Also, most homeowner’s policies contain a maximum payout for jewelry and firearms. These items may be covered at full value for an additional cost.
Knowing your coverage is crucial to avoiding additional grief and frustration after an unfortunate event or disaster.
Talk with your insurance provider. Ask specific questions and share your concerns to make sure you understand your insurance options and the outcomes of possible events.
Homeowner’s insurance can be difficult to understand and navigate. Whether you’re a new homeowner or just looking for a new agent, Morrison Insurance can answer all of your questions and ensure that you have the proper coverage based on your unique situation.