05/01/2023
𝐇𝐨𝐦𝐞𝐨𝐰𝐧𝐞𝐫𝐬 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐲𝐨𝐮 𝐬𝐡𝐨𝐮𝐥𝐝 𝐚𝐬𝐤!
HOW ARE HOMEOWNERS INSURANCE RATES CALCULATED?
Where you live will influence the type of coverage you will purchase.
If you live in an area that gets lots of extreme and wet weather, it’s a good idea to get a separate Flood Insurance policy that protects against water damage.
Your mortgage lender might require you to do so. Flood insurance is not always included with your home insurance policy.
Usually you have to buy flood insurance as a separate policy.
It’s important to know flood insurance is different from hazard insurance.
Hazard insurance tends to be a more general term that refers to the parts of your policy that protect your home against fire damage, theft, or damage from other natural disasters.
The price of your hazard insurance varies based on where you live.
𝐖𝐞 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐅𝐑𝐄𝐄 𝐪𝐮𝐨𝐭𝐞𝐬 𝐨𝐧 𝐚𝐥𝐥 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐢𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬!
𝐀𝐧𝐲𝐭𝐢𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐝𝐚𝐲, 𝐨𝐮𝐫 𝐚𝐠𝐞𝐧𝐭𝐬 𝐚𝐫𝐞 𝐫𝐞𝐚𝐝𝐲 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐲𝐨𝐮 𝐭𝐡𝐞 𝐩𝐨𝐥𝐢𝐜𝐲 𝐭𝐡𝐚𝐭 𝐛𝐞𝐬𝐭 𝐟𝐢𝐭𝐬 𝐲𝐨𝐮𝐫 𝐧𝐞𝐞𝐝𝐬 𝐚𝐧𝐝 𝐛𝐮𝐝𝐠𝐞𝐭.
𝐐𝐮𝐨𝐭𝐢𝐧𝐠 𝐩𝐫𝐨𝐜𝐞𝐬𝐬 𝐢𝐬 𝐪𝐮𝐢𝐜𝐤 𝐚𝐧𝐝 𝐬𝐢𝐦𝐩𝐥𝐞, 𝐰𝐢𝐭𝐡 𝐣𝐮𝐬𝐭 𝐚 𝐟𝐞𝐰 𝐛𝐚𝐬𝐢𝐜 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐬𝐞𝐞 𝐡𝐨𝐰 𝐦𝐮𝐜𝐡 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐛𝐞 𝐬𝐚𝐯𝐢𝐧𝐠.
𝐓𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐚 𝐝𝐨𝐳𝐞𝐧 𝐨𝐟 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐩𝐭𝐢𝐨𝐧𝐬 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐭𝐨 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐪𝐮𝐚𝐥𝐢𝐟𝐲.