By Meha Ahmad, InsuranceAgents.com Staff Writer
When trying to find low rates home insurance, a good rule of thumb is to remember all of the different factors that affect home insurance quotes. Your age, your neighborhood, your location, your liability risk can all affect what you pay for coverage. But did you know that any big-ticket purchases you make can also significantly affect your homeowners insurance quotes? To get the lowest rate on a new policy use our simple online quote forms.
Because home policies typically cover your personal belongings, insurance providers have to take precaution against any expensive items you buy and their likelihood of being stolen or damaged. The more your belongings costs, the higher your homeowners insurance quotes will increase.
Here are the 10 purchases you may make that will increase the cost of your homeowners insurance quotes. If the content coverage limit doesn’t fully cover your big-ticket items, it may be time to update your policy. In fact, if you make any of the below purchases, contact your home insurance agent right away and adjust your coverage. (If the resulting premium is too high, consider shopping for homeowners insurance quotes for lower rates):
Pets in particular can increase your homeowners insurance quotes because they can cause both damage to your home and also pose a liability risk (biting the mailman or guests, damaging property of visitors, tearing up your neighbor’s prize-winning rose garden, for example). Items like one-of-a-kind artwork, rare antiques or your engagement ring are likely to make the most impact on your homeowners insurance quotes, because they are hard to replace and have much larger price tags on them than, say, the new rug you bought.
If you are afraid any of these personal belongings will make finding affordable home coverage difficult, start first by searching InsuranceAgents.com using our easy online quote form for multiple homeowners insurance quotes. By obtaining several homeowners insurance quotes, you will be able to compare rates, coverage options found in policies, and different insurance agents/providers.
Published: Thursday 17th September 2009
