Home Owner Insurance: Do's and Don'ts

For many individuals, their home is the most significant investment they will ever make. In order to protect a residential property from unpredictable losses, homeowners need insurance.
Here are some important factors for getting the best homeowner’s insurance coverage for you home:
 
GET FULL COVERAGE 
Clearly specify to your agent that you want comprehensive insurance coverage for your home. A comprehensive insurance policy offers protection for an array of losses arising unexpected events, including theft, explosions, along with an accident and collision.
 
However, comprehensive insurance policies are more expensive than basic insurance policies. Even if you have to pay a higher premium, make sure you’re getting full replacement coverage.
 
DETERMINE THE REPLACEMENT COST OF VALUABLE ITEMS
Valuable items, such as jewelry or art items require a separate coverage. Verify the cost of these items and adjust your insurance coverage accordingly.
 
SELECT LOWER DEDUCTIBLES OR PREMIUM
Paying a higher deductible can actually work in your favor. Higher deductibles lead to lower premiums. However, you may end up paying a higher premium elevating the cost of your insurance even if you don’t use it. Determine which fits your needs best.
 
DO NOT DELAY REPORTING LOSSES
Try to report property losses as soon as possible. Delays can cause issues in receiving coverage. Take multiple pictures or videos as proof of the damage.
 
SHOP AROUND
Last but not least, shop around to receive the best home insurance at a great rate. The more insurance companies you approach, the better. Compare coverage, premium and conditions of multiple home insurance companies. This is the only way you will get home insurance coverage that fits your specific needs and goals.
 
See the infographic below which supports the what’s been mentioned so far:

Home Insurance


1375 Properties
Page 1 of 115
$599,000
Subdivision: Crown Pointe Sub
4
Beds
4
Baths
4,338
Sq.Ft.
2002
Year Built
1
Days on Site
G5020338
MLS
Two story home overlooks Lake Minnehaha in beautiful Crown Point sub.with gorgeous views of the lake and sunsets. This home has many architectural additions.First floor has an open plan with a huge...
$369,000
Subdivision: Palisades Ph 02E Lt 208
4
Beds
3
Baths
2,471
Sq.Ft.
2003
Year Built
1
Days on Site
O5812071
MLS
Former model Home in Palisades! 4bed/3bath heated Pool, no rear neighbors;many builder upgrades and recent homeowner updates! Upgraded with hardwood floors, custom built-ins, knockdown wall texture,...
$359,900
Subdivision: Rock Spgs Rdg Ph Vi-A
4
Beds
3F11/2
Baths
3,251
Sq.Ft.
2010
Year Built
1
Days on Site
O5811938
MLS
Stunning 4 bedroom 3.5 bath two story home. The layout boasts open concept living perfect for entertaining. Gorgeous bamboo hardwood flooring in your huge family room with nice eat in kitchen...
$480,000
Subdivision: Enclave At Aloma
4
Beds
3
Baths
2,715
Sq.Ft.
2016
Year Built
1
Days on Site
O5812040
MLS
Enclave at Aloma welcomes you through gated entrance and enjoy living in this secure and beautiful family friendly Winter Park neighborhood! Welcome Home to immaculately maintained and highly...
$450,000
Subdivision: Windermere Trls Ph 4A
5
Beds
4
Baths
2,835
Sq.Ft.
2018
Year Built
1
Days on Site
O5811612
MLS
WOW! Incredible opportunity to own this 5 bedroom, 4 bath home on a Corner Lot located in Windermere Trails Community. Features include Formal Dining room with Coffered Ceilings and Kitchen open to...
$189,000
Subdivision: Grant Station
2
Beds
2
Baths
1,027
Sq.Ft.
1986
Year Built
1
Days on Site
O5812126
MLS
Charming 2 bedroom 2 bath home waiting for its new owner. Updates in 2019 include new architectural shingle roof, new skylights, new HVAC system, new bathroom vanities, Interior painting, new...
$183,000
Subdivision: Surrey Ridge
2
Beds
2
Baths
966
Sq.Ft.
1987
Year Built
1
Days on Site
O5802354
MLS
**Partial LAKE VIEW! Welcome home to this charming 2 Bedroom / 2 Bathroom Home with 1,378 square foot area in an ideal location. Approaching the home you notice the paved driveway, one car garage...
$409,000
Subdivision: Woodbridge On Green
3
Beds
2F11/2
Baths
2,584
Sq.Ft.
2002
Year Built
1
Days on Site
O5799546
MLS
A rare chance to buy a home in Woodbridge on the Green, one of Winter Garden's best kept secrets conveniently located next to the West Orange Country Club. This Mediterranean style home gives it tons...
$359,000
Subdivision: Wyndham
6
Beds
3F11/2
Baths
2,368
Sq.Ft.
2003
Year Built
1
Days on Site
O5812085
MLS
West facing pool with private views of the large open conservation area. New Roof in 2018. Well- kept turnkey investors home. Kitchen is well equipped for you guest to prepare meals, updated...
$260,000
Subdivision: Clermont Skyridge Valley Ph 03 Lt 302
5
Beds
2F11/2
Baths
2,690
Sq.Ft.
2005
Year Built
1
Days on Site
O5812135
MLS
Very spacious home for a large family with a welcoming front covered porch for your relaxation. As you enter the house the formal room/dining room combo is ideal for large family gatherings. You...
$314,900
Subdivision: Vista Lakes Village N-6 Champlain
5
Beds
3
Baths
3,026
Sq.Ft.
2003
Year Built
1
Days on Site
O5785485
MLS
Back to market due to the buyer's mortgage failure! Located at Vista Lakes area, 2 story single home, over 3000 heated sft. 5 bed rooms, 3 full baths. plus A BONUS ROOM AT UPSTAIRS. One suite at...
$749,995
Subdivision: Lakeshore Preserve
5
Beds
4F11/2
Baths
3,811
Sq.Ft.
2019
Year Built
1
Days on Site
O5812068
MLS
Under Construction. Perfect location, end homesite, no rear neighbors and lush landscaping! The welcoming foyer of the Madeira Craftsman leads to the elegant dining room accented by a coffered...

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