The first rule of home insurance is you need home insurance.
Homeowners insurance is as much a necessity as auto insurance and not only is it required by your mortgage provider, but it’s a great way to safeguard your nest egg. When buying a home, your mortgage provider will require that you show future proof of insurance. This entails finding an insurance company that will work with your provider to create a policy that satisfies the requirements for your mortgage. Once chosen, you probably won’t think about your home insurance too much, since it will be included in your monthly payments to your mortgage provider. This is why it’s important that you choose the right policy from the get go.

In addition, homeowner’s insurance is the best way to protect your home from unexpected events. Imagine that your neighbor is walking down the sidewalk and trips in front of your house breaking her leg. Would you want to risk losing your house due to a lawsuit? Of course not. That’s why choosing a  good comprehensive policy should be a requirement rather than a suggestion.

The second rule of home insurance is: ensure that you have proper coverage
No one wants to think about tragedy striking, and that is the reason for ensuring that one has comprehensive homeowner’s insurance. Did you know that home insurance policies can cover everything from stolen jewelry and guns, to natural disasters? Choosing an insurance policy that matches your lifestyle is an important consideration when buying coverage. For instance, if you have a lot of expensive jewelry, it’s important that you choose a policy that covers it in case of a burglary.  In the event of a burglary, the last thing that you want to have to worry about is how you’ll manage to replace that diamond necklace or your favorite pistol.

The third rule of home insurance is bundle, bundle, bundle
Did you know that you could reduce your mortgage payments by bundling your home and auto insurance?

Most insurance agencies offer a discounted rate when combining multiple insurance products. While you might think that shopping around for insurance rates is the smart thing to do, combined policy discounts often mean that you can have a better insurance policy for the same rate as you would with a third rate insurance policy.

In addition, having one insurance provider gives you additional weight when talking to your insurance agent. An insurance agent is much more likely to be receptive to your concerns if you have multiple policies bundled together, in particular a long term home insurance.

Do you have additional questions about homeowners insurance?
Contact a homeowner insurance specialist at Grindell & Romero Insurance to answer any of your homeowner insurance questions. Providing home insurance to Las Cruces, NM and surrounding areas since 1888. Call today for a free homeowner insurance consultation and quote.

Tags: , , , , ,