Few people think about homeowners insurance until after they’ve signed the offer contract and then, in the excitement of the moment, they rush through that part of the homeowner experience. Later, they find they’ve left something important out or failed to consider a bigger picture.
But there’s a better way. Every homeowner should make it his or her business to seek out the most competitive North Carolina homeowners insurance quotes they can get. And it IS a competitive business. Premium prices differ, coverage differs and companies differ.
So let’s get started on a more organized way to get your North Carolina homeowners insurance quotes. Here are some of the things you should consider right away:
- Clean up your credit before you do anything else. It counts. Why should you pay more than you have to for homeowners insurance?
- Engage a professional inspector before you buy the house, not after, to check things out. You may regret it if you don’t.
- List out the vital statistics of your new home: insurance companies will want square footage, number of rooms, the kind of roof, what exterior walls are made of, when it was built and its condition. They will also want to know if it is in a flood plain.
- Do you know if there has been damage in the past? The insurance company will want to know.
- Do some online research. Decide on three or four companies you want to research. Check their online reviews to see what customers are saying.
- Calculate how much coverage is necessary. You’ll need to have a policy that will allow you to replace your home in the event of fire or natural disaster. Do you have items that would require additional coverage, such as computers or artwork or jewelry? Don’t be surprised if some insurance agents will want to see photos or inspect these items before covering them.
- Most policies cover the house and any unattached buildings. They also cover personal property, hotel bills and living expense if the house is too damaged and unlivable during reconstruction. They also cover the doctor bills for anyone injured on your property.
- The land under your home is not covered, just the structure.
- You might need: additional hurricane and windstorm insurance, earthquake insurance, flood insurance. Ask your insurance agent what might apply in your case.