According the Insurance Information Institute (III), you need enough homeowner insurance to cover the following:
- Your home’s structure; enough coverage to rebuild your home at current market prices.
- Your personal possessions
- Any additional living expenses should you have to live elsewhere while your home is repaired
- Your liability to anyone hurt while they’re on your property
When looking for homeowners insurance, be smart and seek quotes from direct seller but consider also what smaller companies are selling in addition to the big guys. You can also go to a direct agent like AIG or State Farm. Through them you can avoid commissions such as you’ll pay by having an agent but usually homeowners policies sold by direct agents are scarce. You should also seek quotes from an insurance aggregator site like InsuranceUSA.com.
You may also wish to consult your state’s insurance commissioner to see if any complaints are lodged against a company you are considering.
Using InsuranceUSA.com can help you find the right homeowners policy. So, don’t delay any longer, simply enter your zip code and get started today!