How well do you know your homeowners insurance? Many people haven’t looked at it in years. Some aren’t even aware of how much they are paying for it. They have it because their mortgage company requires it. If you ever have to file a claim, you will likely become very interested in its coverage. Here are five things your insurance agent knows about home insurance that you may not.
- Your best opportunity to save is to compare. Some agents prefer you don’t know this. They know if you compare, they could lose your business. We are independent insurance agents at Oliver Insurance and can help you compare policies to best suite your wallet and lifestyle.
- Raising deductibles could save you money. By increasing the deductible on your policy, you could save significantly on your premiums.
- Your policy likely doesn’t cover a variety of perils. Unless you have specific coverage, your policy will not cover you in case of flood, earthquakes, or landslides.
- You may be paying to insure your land. Without thinking, some people pay to insure the land their home sits on. Odds are, even in a disaster, you will still have your land.
- Many homeowners claims are low. If you don’t have a video or up to date inventory of your home’s contents, you could be prone to submit a claim that is too low.
If you can’t remember the last time you reviewed your homeowners insurance, or don’t know what you are paying, contact us at Oliver Insurance. We are an independent insurance agency serving the Canby, OR area. We can review the policies of any company and seek out quotes to save you money. Visit our website for an online quote on home or auto insurance. If you prefer, contact us for a review. Don’t wait until it is too late to better know your policy. Contact us today!
