home owner insurance

There are many factors that go into determining the price of your homeowner insurance quote. Any changes you make to these factors – positive or negative – could adjust the price you pay for your policy premiums later on. Of course, the contents of your home play a role in the price of your homeowner insurance quote. Yet, aside from your possessions, you must also pay attention to your home’s…

  • Age:  An insurance company always looks at the age of your home when determining the price of your policy quote. If your home has been well-maintained, and replacements and repairs have been made as needed, your home’s age shouldn’t have any negative effect on your homeowner insurance price quote.
  • Structure: A home built with extra sturdy material, such as brick, will usually get a lower homeowner insurance price quote than one made of wood. If your home is made of wood, it doesn’t necessarily mean you won’t get a cheap homeowner insurance quote; it simply means you’ll need to make sure every other aspect of your home is up to par.
  • Condition: Certain factors of your home must be in good condition. Consider the last time your roof was repaired or replaced, and the last time your plumbing and electrical systems were updated. Your windows shouldn’t be busted, your doors shouldn’t be hanging off the hinges, and any steps on your property shouldn’t be loose, wobbly, or rickety. The condition of your home has much to do with the safety of your home, too.
  • Safety: Once you make sure your home isn’t at risk for fire or water damage by making repairs to your roof as well as your plumbing and electrical systems, and any possible entrances are secure and safety hazards are repaired, think about the rest of your home’s safety. Do you have an anti-theft system? Do you have a smoke detector and fire extinguisher?

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