Ways To Get Cheaper Homeowners Insurance In 2022

​Homeowners insurance is one of the most important types of insurance you can buy if you own property. It not only covers your house and belongings, but it also protects you from legal bills and lawsuit judgments against you for incidents covered by the policy. 

Homeowners insurance is one of the most important types of insurance you can buy if you own property. It not only covers your house and belongings, but it also protects you from legal bills and lawsuit judgments against you for incidents covered by the policy.

Get Quotes
Home insurance is an essential part of any homeowner's policy. Still, it cannot be easy to make the best decision when there are so many options. 

Comparing quotes with other insurers in your area can help you find the best home insurance for you and your family. You'll then know what you're getting into and decide whether or not you want to go with that company.

Deductible Raise
With a deductible, you are not required to pay the entire claim upfront. Instead, you are required to cover a certain amount of the cost yourself. It is important to mention that this structure helps reduce insurance rates because it allows insurers to invest in their company and new technologies.

Know What is Market Value and Insurance Value
Market value and insurance value are not the same. Your home's market value is based on its worth when selling or buying it. 

The insurance value is the amount of coverage you'll need to rebuild the home if it's destroyed by a problem such as a house fire. The insurance amount could be more or less than your home's real estate market value.

Review Personal Property Annually
If you have a loss, your homeowner's insurance will cover the: 

• Cost of replacing the damaged property. 
• Cost of repairing or restoring the property to its original condition and appearance. 
• Cost of repairing or restoring the property to a better condition than before the loss.

Good Credit Record
Credit-based insurance scores are used to help assess an individual's creditworthiness for insurance purposes. For example, your insurance company might require you to have a certain credit history before providing coverage. 

They use the score to assess your chances of filing an insurance claim and whether or not you will pay your monthly premiums on time.

At Insurance Agency Network, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (425) 448-9190. You can also request a free quote by CLICKING HERE.