Ricky King Insurance Agency

PROTECTING PROPERTY

How to choose an insurance agency

By Hunter Harrell

Protecting an investment, especially one as large as a home, is essential. Most homebuyers understand that insurance is important. However, not all realize that being proactive about shopping for an insurance policy can help homeowners find the right fit for their coverage needs and current lifestyle.

Home insurance costs may differ depending on a variety of factors, including the age, size and location of the home. However, it is important to consider more than the company’s rates when choosing an insurance policy. Some factors that could influence your decision include the agency’s financial strength, reviews from other customers and the process for receiving assistance for future claims.

Compare rates

The first step to finding the right fit is to compare insurance policy rates. Using online tools, homeowners can get rough estimates by using some basic information about the home. Though, the quote you receive online might not be the bill you end up paying. A better credit score will also lead to better rates.

Discover discounts

Shoppers can also consider the different discounts that each company may offer. Some homeowners may qualify for special discounts, such as new customer credits, first-time buyer discounts and loyalty programs. Many companies will also reduce costs for lowering your risk by installing safety systems like security cameras, smoke detectors and sprinkler systems. Consider finances

While your budget might be the deciding factor, homeowners should consider the future financial stability of their insurance company as well. Homeowners can verify the credibility of insurance companies through the National Association of Insurance Commissioners. The organization’s website tracks complaints from clients in addition to its ability to pay for claims filed by customers in the future. Customer service

While finding an affordable plan is crucial, finding quality customer service is also a priority for many policyholders. Learn more about the claims process before committing to any company. In the event of an emergency, will you receive assistance online, over the phone or in-person? Does the company offer assistance from Monday to Friday only, or will they be on call 24/7?

Home insurance can grant homeowners peace of mind. However, it takes careful research and planning to purchase the right policy to protect your property.