The Cheapest Homeowners Insurance
Homeowners insurance quotes are based on a number of factors, like where you live, the level of coverage you want, when your home was built, and of course the insurer you select. To find the best homeowners insurance quote and level of coverage we recommend that you shop around and compare quotes from multiple carriers before making a decision.
Here are the common questions asked when thinking about homeowners insurance:
Do I need homeowners insurance?
Most of the time you don’t need homeowners insurance and it can be difficult to see why you have a policy at all. But remember, you have a homeowners insurance policy for times when you least expect it - if you have a fire, or your roof is destroyed by a storm. Think of home insurance as the friend you can call on when you need them most.
If you have a loan or mortgage on your home, your bank may require you to have a homeowners insurance policy to protect you from damages or loss from fire, floods, earthquakes etc. Even if you don’t have a loan or a bank forcing you to have homeowners insurance, it might be something to consider if you live in an area affected by floods, hurricanes or other natural disasters. Just make sure that the policy you choose covers these specific risks.
How do you find the cheapest homeowners insurance?
Buying the cheapest homeowners insurance policy may seem like the way to go, but make sure that the level of coverage is enough for what you need. List specific items or valuables like bikes, art, jewelry to ensure they are all protected. Use an online insurance comparison site like Coverzoo or call an agent to discuss your options. Once you have the prices and level of cover confirmed, purchase online or over the phone to get covered.
Who has the cheapest homeowners insurance?
According to valuepenguin.com the most affordable home insurance company was Nationwide. They were over $1,800 cheaper per year than the most expensive carrier. Nationwide Insurance offers all the typical homeowners insurance features and covers contents, personal liability, medical payments and dwelling cover. But they also have a few unique levels of cover and extras like identity theft and better roof replacement. Nationwide had a customer satisfaction index ranking of 812 in the 2021 J.D. Power U.S. Home Insurance Study, just above MetLife Auto and Home’s rating of 810.
To get a homeowners insurance quote online or by phone, click either button below to see if we can save you money on your insurance premium.