How to get affordable home insurance as a first-time buyer.
Are you gearing up to buy your first home? Doing so is an exciting time! A home is place to call your own and make wonderful memories with friends and family. What many first-time home buyers forget is that your new property will be vulnerable to damage and harm. You may know that you need homeowners insurance to safeguard your large investment. To keep your coverage high and rates low, check out these tips.
Don’t go for the first, cheapest policy.
Shockingly cheap policies indicate weak coverage, so it’s wise to do your research and read the fine print. While you may think you’re saving yourself money every month, it could be all for nothing if you end up paying extortionate fees in a claim.
Understand your coverage limits.
You should always know what is covered in your policy – and what isn’t! If you find gaps in coverage, be sure to ask your insurer how you can protect yourself, your finances, and assets. In many cases, you can increase or decrease your coverage limits, which means that you get the protection levels you want!
Save money by bundling policies.
Most insurers will offer a generous discount if you ‘bundle’ your policies. What this means that if you take out two or more policies with the same insurer, they will offer you a discount on the premiums. This means that you save money and save time when it comes to reviewing coverage!
Are you ready to secure your first (and affordable!) home insurance policy? Contact C.V. Mason Insurance Agency, serving Bristol and neighboring cities in Connecticut.