The primary goal of homeowners insurance is providing the full reconstruction value of your home in the event of a covered total loss; the dwelling coverage limit is a major factor which contributes to the insurance premium rate. Although many homeowners feel that property insurance may simply be a waste of money and it is unlikely that they will incur a loss, we know this isn’t true in any part of the country.
Electrical Fires, Kitchen Fires, Burst Pipes, Burglaries, Vandalism, Wind Damage, Hail Damage, Lawsuits for Negligence, Medical Payment claims by guests etc… The list is endless, homes do have RISK!
There are many other rating factors which come into play when calculating your home insurance price; in most States, credit scoring is also used which could substantially change the rate from one identical house to another – statistics show that a homeowner with excellent credit would be less likely to present an exaggerated claim to an insurance carrier. Although this is common knowledge, there are 3 states in the Union who presently disallow credit scoring as they feel it isn’t in the consumers’ interest. The insurance industry and all those with good credit generally disagree!
It only takes a few moments to ‘GET A HOME INSURANCE QUOTE’ – you may get a quote online or you may be able to get a lower rate after talking to a licensed representative who may have some pointers or suggestions in your particular situation in order to generate the lowest premium – either way, you may CALL or CLICK for same day coverage!