Although the price of a home owner insurance quote plays a big role in deciding to purchase a particular home owner insurance policy, there are many other comparisons you should make. Rather than choose your home owner insurance policy based on price alone, do any comparison shopping with several different home owner insurance companies and the quotes they offer you.
Before you start comparing surface features such as the friendliness and competence of the home owner insurance company customer service, you need to dig deeper. Contact your state’s department of insurance and find out if the home owner insurance companies you are comparing are licensed to do business in your state. Mark those that aren’t off your list. Several have fallen victim to fly-by-night home owner insurance companies that travel to their areas offering ridiculously inexpensive home owner insurance quotes without legally being allowed to do so.
Look up a few independent research companies and find out the financial rating of the home owner insurance companies you are comparing. The financial rating of a home owner insurance company tells you the financial strength of the home owner insurance company, and financial strength is important.
Once you’ve a list of possible home owner insurance companies that are licensed to do business in your state and have strong financial ratings, give them a call. Ask for info about the speed in which they settle claims, as well as the widely seen types of complaints they receive and how they handle those complaints. A confident home owner insurance company will not shy away from these questions. Request info about the different kinds of home owner insurance coverage they offer, and compare that coverage to the kind of coverage you actually need. Most the while, pay attention to the friendliness of the customer service.
When all is said and done, ask your neighbors about their home owner insurance. Word-of-mouth is the truest form of advertisement.