3 Important Questions to Ask When Getting Home Insurance
Ask Your Agent These Home Insurance Questions
The home buying process is accompanied by a whirlwind of documentation, meetings, phone calls, and the time pressures around this process can be incredibly stressful. Part of purchasing a new home is securing it with reliable homeowners insurance in Calimesa, CA. To help you find the right coverage for your needs, be sure to ask your home insurer these questions.
What is excluded from coverage?
Although it is incredibly important to know what coverage your home policy offers, it’s just as important to know what it doesn’t cover. Not all insurance policies are the same, so it is worth asking to understand when you are able to file a claim. Many standard insurance policies do not cover high-value items, flood damage, and earthquake damage. As a result, you may choose to secure these additional insurance coverages for adequate protection.
Is there a guaranteed replacement clause in my policy in the event of a total loss?
Some policies may have a payout ceiling that might not cover the total cost of rebuilding your home from scratch. Property appreciation, changes in building cost, materials, and labor can influence the replacement value of your home. Be sure to answer the questions your home insurance agent asks about the house and property as accurately and truthfully as possible in order to account for any contingencies that can affect the replacement value.
Are there discounts that I can qualify for?
Who doesn’t love discounts? It’s worth discussing if you are eligible for any discounts or learn what you can do to enjoy a discount on your home insurance policy.
Ready to get started on your tailored home coverage? For all of your homeowners insurance needs, talk to the professionals at Little & Sons Insurance Services, serving Banning and neighboring cities in California.