Your homeowners insurance policy is one of the most important purchases you will make in your lifetime. Your home is usually your biggest asset and Unity One Insurance is here to help you obtain the right coverage and a great policy.
How To Shop For Your Homeowners Insurance Policy
Shopping for your homeowner’s insurance should be a pretty easy process if you have a good insurance broker, An insurance broker represents many companies, not just one, and they work for you, not the insurance company. Having a broker saves you not only money but time as well since you get multiple quotes at the same time to compare rates.
A huge mistake that a lot of homeowners make, is shopping price instead of coverage. Having good coverage on your home is SO IMPORTANT, especially if your home is at a higher risk for wildfire. If you had to rebuild your home from the ground up, do you have enough coverage?
Personal Property Coverage
Most homeowners don’t know that certain personal property is not covered under their homeowner’s policy unless there is a special endorsement, rider, or floater. This is only true for certain items that have sub-limits. For instance, on some policies, jewelry items will have a payout limit of $1500 per piece of jewelry and a total payout of $3000. So that would mean if you have any 1 piece of jewelry valued over $1500 or if your all pieces of jewelry value over $3,000, then you would need an endorsement, rider, or floater. Certain items that you should look into scheduling or endorsing are:
- Jewelry
- Firearms
- Fine arts
- Furs
- Cameras
- Electronics
- Bikes
- Musical Instruments
- Stamp & Coin Collections
- Golf Equipment
- Antiques
- Rugs
- Silverware & Gold-Ware
We have a whole article on how to obtain coverage for your personal items so either click here or give us a call now at 949-450-1822 or send us an email, info@unity1.com to find out more.
What Homeowners Should Avoid
Before you buy insurance online, I would maybe think that over. With home insurance claims, the process can be very difficult online, especially for a fire loss. Filing a serious insurance loss with someone you never spoke with can be very difficult. It’s best to buy local, as you could even go into the office if need be. An experienced brokerage can also help you a great deal in this process because we know the rules and how things work.
Having an insurance broker also costs the same as the insurer pays us the commission, not you. The same agent that sells you the policy will also service your policy as well, get to know us, you’ll be glad you did.
These are just some tips for you, if you have any questions or want to get your homeowners policy started, please call 949-450-1822 or send us an email at info@unity1.com. At Unity One Insurance, our agents and brokers take care of you and your home.
