Author: John R. Blakefield
Source: download
So you have finally decided to own your own home! No more throwing money to a landlord, dealing with noisy neighbors tromping above you at all hours of the night, and begging your landlord to fix the fence, again. You can settle in a warm comfy couch, watching the TV with the surround sound system blaring without the old man next door banging on the wall to be quiet.
This home will probably be one of the greatest investments of your life, and you don’t want to lose it to something that is beyond your control. So how do you protect your house and investment? By getting home owner insurance.
This home owner’s insurance should cover the price of the house as well as the mortgage. In response to inflation and appreciation, the home owner insurance should address this annually as the terms change.
The insurance should address disasters. Does it allow you to have temporary housing until the problem can be solved?
It is not uncommon to take inventory of the items in the home so that if something is stolen or destroyed, the insurance company and you will have a good idea as to what the contents of the house are worth. This can save you from getting a smaller amount of money than what you really should have. Generally, the insurance should cover about 50% of the total contents in the house.
Be sure to see what safety objects you may need in order to qualify for home insurance. Perhaps you need to have a certain amount of smoke detectors per square feet or an anti-theft system that will help keep thieves away. Certain safety devices can assist in protecting your home so you don’t have to go through the hassle of going through the insurance company to get the money you need to replace your items. It is always good to know that the insurance is there if the unfortunate happens.
Do you have pets? They can cause messes and damage that you can have covered buy home owner’s insurance. This is especially important to avoid any law suits that may occur if your pet harms another person.
If you are in an area subject to floods, earthquakes, hurricanes, or tornados, look into these extra items for your home. You can never be too prepared when it comes to your home, family, and place of life. The home is often a solid point for families to live around, and life would be devastatingly difficult if you were to lose your home or the things in it if you weren’t prepared.
Be sure to ask your agent all the necessary details and programs that might be offered. Also, go with a reputable company that has licenses and referrals.
Protect your family and investment by getting home owner insurance. It really can be a blessing in a time of need or hardship. You will have the peace of mind that you will be taken care of if something would to happen.
John R Blakefield is a mortgage and real estate specialist. For more information, articles, news, tools and valuable resources on home mortgages or investment loans, refinancing, debt solutions, visit this site: http://www.scourtheweb.com/mortgage/.
Author: Tim Gorman
Source: articleage.com
Lets face it, finding the best home insurance price quote can be an aggravating task if you’re not fully prepared with answers to the common questions that most insurance companies will ask. This article outlines the questions that an insurance agent will ask you when you’re requesting quotes for home insurance. Having this information handy will make finding house insurance easier and save you valuable time.
The most obvious question that will be asked first deals with your address information. The home insurance agent will need your street address as well as the state, city and zip code. This information will be used as the starting point for all future questions.
A normal question deals with the approximate location of your home in relation to the nearest fire hydrant. You can also be expected to have to know how far the nearest fire department is from your house. The insurer will want to know if you have a fire alarm system and if so what type of system.
Additional questions will focus on whether or not anyone living in the house smokes and if your building has an internal sprinkler system. Make sure you know if you have a burglar alarm and what type of alarm it is because that question will come up. You might be asked if you live in a gated community and if you have a dog as a pet. If you do own a dog then the insurance provider will want to know the breed.
You can be assured that you will be asked how old you are and if the answer is over 55 expect a follow up question on whether or not you are retired. The insurance company will expect that you already have some form of homeowners insurance with another company so be prepared to answer that question along with if you have car insurance, if so – with what company and for how long. Don’t be alarmed by such questions, as they are routine when trying to determine a home insurance price quote.
If you’ve made any insurance claims within the last 3 years then the home insurance provider will want to know the claim amount and the reason for initiating the insurance claim. You will also be expected to truthfully answer if you have ever had an insurance policy cancelled or non-renewed.
Questions that center on your home include, how many rooms in the house – without counting bathrooms, the number of people living in the house and a rating of your home from inexpensive to expensive. You will be asked if you own any property that is very valuable (such as: jewelry, antiques, home entertainment system, or a musical instrument)? You’ll have to know what year the house was built, the type of residence it is, what building materials were used to construct the dwelling and if you rent or own the property.
As you can see although the list of questions is small having the necessary answers when you need them will save yourself as well as your insurance agent valuable time and eliminate unnecessary headaches. It may also help save money on your home insurance price quote.
Timothy Gorman is a successful webmaster and publisher of Best-Free-Insurance-Quotes.com. He provides more insurance information and offers discount auto, life and home insurance that you can research in your pajamas on his website.
Other websites operated by Tim
Cellular-Phone-Solutions.com – Free information and resources regarding cell phones and cell phone plans.
Military-Loans-Online.com – Which provides free money saving loan quotes on all of your loan needs to include home equity loan information.
