5 Tips To Keep In Mind When Comparing Home Insurance In Canada
–Posted By Mahmoud Hamdan (aka Mike)–
Licensed Mortgage Agent level 2. FSRA Lic # M09002218 since 2009. Brokerage: Mortgage Outlet Inc FSRA #12628
As a homeowner, I have dealt with insurance representative for the past 25 years and I have learned a thing or two when it comes to comparing home insurance quotes and I am going to share my findings with you right here.
Here you go…
When it comes to home insurance, consumers have the tendency to focus on price rather than choosing a home insurance policy that balance price and coverage.
There are many factors that influence the cost of the home insurance coverage you choose for your house or condo.
Here are few key questions to ask when comparing home insurance and coverage to ensure you have a better understanding right from the start:
- What does your home/condo insurance policy really cover and what’s excluded?
- What additional coverage can you add down the road?
- How the premium is calculated verse deductible?
- How the liability coverage works?
- Make sure you are dealing with a provider with the least amount of claims?
Click here for a list of home insurance providers near you.
As simple as that may sound, without the help of lowlowrates home insurance comparison guide, you may spend days or even weeks trying to sort through insurance providers and there is no way of knowing if you have saved money or wasted $100’s of dollars down the drain?