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Step 1
Make an appointment to have your home appraised. Contact your local housing agency to ask for referrals of licensed home appraisers in your area. Understanding what your home is worth will help when determining how much home insurance to purchase.
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Step 2
Research at least three home insurance agencies. Obtain quotes online for the types of coverage you're looking for, or contact the agencies directly. When comparing home insurance quotes, consider the following:
-Monthly premium
-Types of coverage plans offered (natural disaster coverage, fire, home invasion, structural damage)
-Customer service ratings
-Average number of claims awarded to insurers -
Step 3
Contact your auto insurance agency to see if it offers home insurance. If you're satisfied with its service, consider purchasing a single policy that covers both your car and your home. This may save you money in premium costs.
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Step 4
Ask about discounts offered to homeowners. Many home insurance agencies offer discounts for living in certain regions, installing alarm systems and storm windows, as well as discounts for environmentally-friendly upgrades or improvements made to the home.
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Step 5
Choose the home insurance agency that best suits your needs. While this may not be the agency with the lowest premium, the type of home insurance you purchase should adequately cover your expenses in the event of an emergency or disaster.
