Buying your first home is an exciting time and presents many first-time experiences. Not only do you learn the ins and outs of owning a home, but you’re also presented with finding adequate homeowners insurance coverage. While this task might seem intimidating, a skilled insurance agency can take the worry out of the process. Here’s what you should know.

Do:

Speak with an agent.

Your first step should be to choose an insurance provider. One of their insurance agents will advise you on the coverage you need. It’s crucial to find a quality agent who can tailor an insurance plan to your specific needs.

Choose full replacement value.

A significant component of a homeowners insurance policy is the coverage you’ll receive in the event of damage or a total home loss. There are two common types of coverage — actual cash value and full replacement value.

Actual cash value coverage will only pay for the current market value of any damages to your home. This means that you won’t receive enough money to replace or repair the damages in most cases. Full replacement value ensures that you receive enough money to fully replace or repair any home damages.

Don’t:

Choose a policy based on price.

Insurance-Agency-Gainesville-GAWhile it’s understandable to want to save money, you may purchase a policy that doesn’t adequately protect you if you aren’t familiar with homeowners insurance.

This is one reason that having an insurance agent you trust is crucial. An insurance agent can explain coverage so that you know you’re getting what you need out of a policy.

Forget to shop around.

If you want to get optimal coverage for the best price, contact an independent insurance agency. These agents work with several top companies rather than one. This allows them to shop around for you. They can ensure you get the coverage you need at the best price available.

 

If you’re in the market for homeowners insurance, contact the experts at Stringer Insurance Agency. Serving Gainesville and Dahlonega, GA, Stringer Insurance Agency works with many top carriers and can help you find the perfect policy. Stringer Insurance Agency has been in business since 1931 and is committed to simplifying the insurance-buying process. Visit their website to learn more, or call them at (706) 864-3515 to request your free quote today.