If you have not shopped around for Scottsdale homeowner insurance in some time, you may find that better deals await you elsewhere. Certainly, your current insurer may want to keep your business, but with double-digit rate increases in some areas it pays to shop around. You can obtain new Scottsdale homeowner insurance by carefully following these outlined steps.
Steps For Obtaining Scottsdale Homeowner Insurance
Review Your Current Policy. Your current homeowner insurance coverage will be the basis for your new coverage, offering the same deductibles and exclusions you currently have. Pull out your current policy, learn when it is set to renew and begin to shop for a new policy before your current coverage expires. You may be able to switch coverage before your current insurance term expires, however you may still be responsible for outstanding payments.
Obtain Quotes From Insurance Companies. Contact other insurance companies and ask for quotes. You can contact each company individually or you can use a service such as Esurance to receive multiple quotes. The advantage of the latter is that you share your information once before quotes from multiple providers are offered.
Review and Choose. Compare each homeowner insurance offer. Review carefully to ensure that the proposed coverage matches what you currently have or meets your new requirements. Choose the coverage that suits you best and set up an effective date. You can have the new coverage kick in the day after your current policy expires or earlier.
Contact Your Previous Insurer. Once the new homeowner insurance is secured, contact your now previous home insurer. Your agent's contact information is listed on your policy. You may need to follow up your phone call with a written request by means of postal mail or email. Settle your account by receiving a refund if due or make your final installment to close out the old account.
Follow Through With Your New Insurer. Review your new Scottsdale homeowner insurance policy to verify that the coverage listed matches what you requested. If there is a discrepancy, contact your insurer immediately. Your new insurance provider may request follow up documentation or a visit to your property to make sure they are underwriting for the correct property and replacement value.
Keep your active homeowner insurance documents in a safe place and shred your old documents. If possible, consider scanning your Scottsdale homeowner insurance policy and uploading it to a website or cloud location for safe storage. This way, if your home is destroyed and your document is stored in that destroyed home, you can still go online and access your policy. If an emergency hits, you must be able to access your policy.
Keep your insurer's contact information handy if an emergency happens. Lastly, consider adding umbrella coverage to gain maximum liability protection. Typically, your insurer covers your home and your cars, and extends umbrella coverage to go beyond your basic liability.
Following these tips will help you with shopping for Scottsdale homeowner insurance.
When it comes to Scottsdale home security, you have three options. Hire an outside company and pay for a monthly monitoring fee, do it yourself, or don't have any home security at all.
We don't think the third option is a very good one, and the first option can get expensive.
Here are some ways to have Scottsdale home security, do it yourself and save a lot of money in the process…
Having some sort of home security in place is not only smart, but in some cases, it might save you a few dollars a year on your homeowner's insurance. Check with your agent to see which home security system qualifies for a discount in your particular case.
To get more tips on home improvements and ways to save money by doing-it-yourself, check out our other articles by clicking on the Scottsdale Home Improvements link to your right under Scottsdale Real Estate Categories.
As we all prepare for the holidays, there is another major item creeping up on us. Tax time is fast approaching once again, and we have some year end tax moves and suggestions you should start thinking about now, even while you're thinking about the holidays.
Check out our other articles and tips on tax moves to be considering now by clicking on the Taxes link to your right under Scottsdale Real Estate Categories. We'll keep you informed on any breaking news that might affect your Taxes right here at our website.