For most people, their home is the biggest investment they will ever make. Making sure you have adequate protection on yours is vital. There are several important things to consider when preparing to purchase a homeowners insurance policy:
- Make sure to talk through every possible coverage with your agent. Each insurance policy is different and covers different things.
- Ask how your belongings are covered, especially in regards to theft.
- If you have large collections of high-priced collectibles such as jewelry or firearms, keep an inventory and find out about specific coverages for those collections.
- There are different coverages and policies for homes which are leased to relatives or others. Make sure to let your agent know if you are not the primary resident of the home.