8 questions to check your home insurance

Check your home insurance

Getting Atlanta home insurance might seem daunting, and even when you’ve got your insurance settled, you might be wondering if your insurance is “the right” coverage. Does your home insurance fit your situation? Having the right coverage for your house is essential – your house isn’t just the bricks and walls and roof, or even the walls, roof, and the stuff in it. There are a few questions that you can ask yourself to check your home insurance. We’ve put together a list of a few things you can include in a home insurance checklist.

8 home insurance items to include on your checklist.

1. Make sure your home is insured for its replacement cost.

The thing about home insurance is that you want to make sure that your house is insured for its replacement cost. That’s different than your home’s market value. Replacement cost is the amount it could cost to rebuild your house from the ground up if it were destroyed by something like a fire. If your house isn’t insured for its replacement cost, you might not have the appropriate amount of coverage for your house. Your insurance is the thing that can help you financially if something happened to your house, after all.

2. Check that your deductible is where you want it to be.

Your deductible is another consideration about your home insurance that deserves some thought. The deductible is the amount you agree to pay in the event of a claim. (Basically you pay the deductible and the insurance company pays the rest up to the policy’s limit.) The thing to take into account is that your deductible can have an effect on your premium. If you set a high deductible, you could see lower rates. So, if you are able to raise your deductible because you’re financially comfortable doing so, you could lower your rates. You don’t, however, want to set your deductible so high that it would be a catastrophe to pay if you have a claim. Anyways, check that your deductible is where you want it to be.

3. Don’t overlook your personal belongings.

It’s also a good idea to make sure that you’ve taken a home inventory. You need the proper coverage for your personal belongings. So, check that you’ve got the proper coverage for your possessions. That also means that you’ve got coverage for any valuables in your possessions – for example, jewelry. Your home insurance could have a very low limit for jewelry, so you may been to adjust and account for that. Make sure you’ve got the proper coverage when you check your home insurance.

4. Look at your liability coverage.

Your home insurance likely includes coverage for your liability. When you’re going over your home insurance, check that your coverage is sufficient for your needs. Liability can come from a lot of places. If you need more liability coverage, you can consider getting a personal umbrella policy.

5. Discounts!

When you check your home insurance, it’s not a bad idea to look over your discounts. Those are an easy way to save money on your insurance. So – are you taking advantage of all the discounts you could be eligible for? Check and see if you’ve got your discounts straight. The savings can be great!

6. Bundle?

It’s also worth considering bundling your home and auto insurance. (That just means that you’re getting both types of coverage from the same carrier.) The thing is that you can also score savings by bundling. Don’t overlook the possibility of bundling – besides, it could be very convenient. So, check and see if bundling would be ideal for your situation. Anyway, bundling is definitely something to add to home insurance checklist.

7. Check the policy regularly.

It’s also important to make sure that you’re checking your policy regularly. Your coverage needs could change as time goes by and things change. Your coverage needs to fit your situation. If there are any big changes to your home or your life, you should let your agent know.

8. Have you gotten quotes lately?

You might want to get insurance quotes for your Atlanta house if it’s been a while since you’ve seen what’s out there. By getting quotes, you can look at different options to make sure that you’ve got the right coverage for your needs – and the best price. It’s a good idea to get quotes to make sure that you’ve got Atlanta home insurance to protect your house at the best possible rate.

And if you need some help with that, our team would be happy to go on that quest with you. We like making home insurance easy and we like helping Atlanta homeowners save money on the coverage they need. You can get in touch with our team by filling out our online form, giving us a call, or messaging us on LiveChat.