If you’ve been looking for affordable homeowners insurance in Lake Stevens, you may be wondering what you can do to get the best deal, especially if you are a first-time homeowner. The pros at American Insure-All® are here to help you with some handy tips to get the most bang for your buck:
“Is that possible?” You may be wondering after reading the header, but yes, it is. While market value takes into account the location of your home and the value of your land, homeowners insurance only covers your home, not damage to the area itself. When you design your policy, think about the cost to rebuild your home in the event of a disaster, not the price to re-purchase it.
Also, make sure to take an inventory so you can get a better estimate of the value of the goods in your home. While going with actual cost value can save you on your premium, it can be quite costly in the event a claim is made if you consider the rate at which the cash value of many items, such as electronics, deprecate. In this case, it’s much like insuring your home: think about the cost of rebuilding instead of replacing.
Many insurance companies, especially those that offer multiple types of insurance, can cut you a deal if you have home and auto insurance through them, for example. Before you dive in, though, make sure to do the math and see if you are getting a good deal for your patronage.
Choosing a Higher Deductible
With most insurance, a higher deductible means a lower bill in your mailbox every month, and realistically consider what you can pay in the event of a claim. Is it worth it to pay 25% more every month on a policy with a $250 deductible when you can spend less for a $1000 deductible that you know you can afford? Always weigh your options carefully and talk with a trusted agent to decide what works best for you.
When you want to find affordable homeowners insurance in Lake Stevens, American Insure-All® has you covered from start to finish. For more information about our homeowner’s insurance options or to get a free quote, give us a call at (888) 411-AUTO or stop by our office today.