Today, the home insurance market is increasingly broad and competitive. Given that, and to make a good choice, it is essential to compare the offers and evaluate the characteristics and advantages that each policy presents. Take a look at this guide and learn how to do it!
If you are about to leave your old apartment for a larger and more comfortable one or if you have just bought the house of your dreams, perhaps you have already prepared yourself for all the procedures that you will have to undertake to leave everything in order.
Contract signatures, on the one hand, formalities on the other. Register electricity, find an Internet plan, and change the address in front of the different banks.
However, you are forgetting a much more important task: your home insurance. But, how to compare all the offers and thus save when hiring a room policy?
Follow these practical tips:
Find out about the universe of Home insurance
Before making any important decision and in any area of life it is necessary, first of all, to inform yourself in-depth about the subject under discussion.
For example, when buying your new house you had to define your needs, study the different forms of thermal insulation, heating.
You also had to find out about the city you chose to live in and if there were shops nearby or means of public transport.
In the case of a policy for your house, the same thing happens.
Without knowing your needs and without studying the different types of home insurance proposed by the market or the exclusions that they may present, it will be difficult for you to make a good choice.
So, let’s list the list of information that you should handle before starting to compare.
- Needs and characteristics of your home compared to an insurance policy.
- Types of home insurance that are marketed in the market (Damage Insurance, All Risk, Multi-risk Insurance ).
- Types of coverage of Home insurance (damage to the continent, damage to contents, civil liability in Home insurance).
- Special coverage ( electrical damage in Home insurance, flood coverage in room policies, etc.)
- Calculation of the content of your home.
- Exclusions in Home insurance.
While it is true, there are quite a few points to retain, do not forget that once you have informed yourself you will be prepared to be able to compare the different policies without doubts or hesitations.
Look for companies and types of policies that interest you
Once you have already informed yourself about the different topics that make up the hiring of Home insurance, it is time to look for the insurance companies and policies that may interest you.
At first, you will look for those alternatives that have caught your attention due to some particular factors.
We advise you to pay attention to the following points:
- Trust you feel in the company.
- Guy is sure proposed.
- Premium price
Try to make this first search superficial and do not go into all the details of each chosen insurance. Do not forget that in a fourth stage you will be able to internalize more about each one of them.
Search the Internet, specialized sites, and any other medium that helps you obtain a broad and complete view of the offers offered by the market.
Do not abuse the number of options you choose. Having five Home insurances that correspond to two or three different insurers is more than enough to carry out an in-depth study.
Organize each of the options held
Once you have already obtained your first results and you have chosen the policies and insurers that catch your attention, it is time to do a little manual work that will help you organize your ideas.
The idea is to create a comparison chart where all your options are organized.
Here is an example that you can use as a model:
|Home Insurance Comparison|
|Insurance carrier||Policy type||Coverage||Exclusions||Yearly fee||Observations|
This table will help you to have a clearer idea when studying in depth each of the proposals.
Once you have created your table, you can discard those options that do not suit your needs.
Find out in-depth about each of them
In this, you should carefully read each of the policy contracts you have selected and (why not?) Contact the insurers to clarify any questions you may have.
The special conditions in Home insurance contracts are usually very different from each other and it is good that you have everything clear from the beginning.
Negotiate with the company
If you have already made a decision regarding the insurance you want to take out, it is time to contact the company and see what they offer you.
On many occasions, insurers can make interesting offers to their future clients. Don’t miss your chance to make a profit!