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


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1351 Properties
Page 1 of 113
$305,500
Subdivision: Colonial Park Sub
2
Beds
2
Baths
1,416
Sq.Ft.
1920
Year Built
1
Days on Site
O5839403
MLS
Charming Craftman Style Home Located In Colonialtown Close To Downtown And All Entertainment Venues. This Property Is Move In Ready. Living And Dining Area Have Wood Laminate Flooring With Wood...
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4
Beds
3
Baths
2,632
Sq.Ft.
2011
Year Built
1
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O5839296
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Subdivision: West Apopka Hills
3
Beds
1
Baths
1,072
Sq.Ft.
1992
Year Built
1
Days on Site
O5839253
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Open 1/26
14276 Lovers Key Lane Orlando, FL 32828
$399,000
Subdivision: Avalon Park Village 03 47/96
5
Beds
3
Baths
2,461
Sq.Ft.
2002
Year Built
1
Days on Site
O5839258
MLS
Welcome home with the relaxing porch facing the pond perfect for morning coffee or watching the sunset!! Extraordinary renovation on this large Avalon Park Village home!! This pool home with 5...
$223,500
Subdivision: Poinciana Nbrhd 05 North Village 03
3
Beds
2
Baths
1,780
Sq.Ft.
2001
Year Built
1
Days on Site
O5839407
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Move In Ready Three Bedroom Two Bathroom With Fully fenced Yard. Ceramic Tile Throughout. Separate Living And Dining Areas. Open Floor Plan With Kitchen Looking Out Over The Family Room. Lots Of...
$267,500
Subdivision: Richmond Terrace
2
Beds
1
Baths
1,222
Sq.Ft.
1930
Year Built
1
Days on Site
O5839383
MLS
Looking for an affordable home with character in a growing area of downtown? This abode, in the ever-evolving Hourglass District, has had many improvements completed within the past several years:...
5
Beds
5
Baths
3,802
Sq.Ft.
1995
Year Built
1
Days on Site
O5839162
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Welcome Home! This 1 Acre estate, the perfect combination of privacy, acreage, location, and features located in the heart of Dr. Phillips. Located across the street from the Chain of lakes and...
$389,900
Subdivision: Baldwin Park
3
Beds
2
Baths
1,410
Sq.Ft.
2007
Year Built
2
Days on Site
O5839017
MLS
This is a rare opportunity to live in a first floor, Baldwin Park condo with an attached garage overlooking Crescent Moon Park. Step inside through one of two sets of French doors into a spacious...
$255,000
Subdivision: Ocoee Woods
5
Beds
2
Baths
1,240
Sq.Ft.
1982
Year Built
2
Days on Site
O5839124
MLS
WHOA STOP THE CAR! NO HOA!! WELCOME TO THIS 5 BEDROOM, 2 BATH HOME. HERE YOU WILL HAVE PLENTY OF SPACE. INSIDE LAUNDRY ROOM, LARGE STORAGE ROOM WITH ALL NEW SHELVING, SPACIOUS FAMILY ROOM WITH...
$250,000
Subdivision: Merrick Lndg
3
Beds
2F11/2
Baths
1,471
Sq.Ft.
2003
Year Built
2
Days on Site
G5025201
MLS
Cute 3 bed, 2 ½ bathroom townhouse with a 2 car garage in Merrick Landing, part of Summerport! This is a fantastic end unit which gives you more greenspace and room to move around. A welcoming front...
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Subdivision: Sweetwater Oaks Sec 08
3
Beds
2
Baths
2,328
Sq.Ft.
1975
Year Built
2
Days on Site
O5839157
MLS
Three Bedroom Two Bathroom Pool Home Located In Sweetwater Oaks Subdivision. Open Floor Plan With All Ceramic Tile Flooring. Kitchen features granite Counter Tops With Newer Stainless Steel...
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Subdivision: Orlando Highlands
3
Beds
1
Baths
1,327
Sq.Ft.
1949
Year Built
2
Days on Site
O5838562
MLS
LAKE COMO - A beautifully landscaped yard welcomes you home to your meticulously kept 3BR - 1 Bath home located in the desirable Lake Como neighborhood. Built in 1949, this split-bedroom plan offers...

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