Finding the right homeowners insurance is crucial to ensuring your property is protected, but for many first-time homeowners, it can be difficult to know how to purchase the right plan. According to the staff at Phillip Kent Beck Agency in High Point, NC, there are important components to consider when purchasing insurance. These will ensure you not only get a plan that covers your needs, but also matches your budget.

3 Tips to Remember When Choosing Homeowners Insurance

1. Consolidate

Many insurance companies offer different types of insurance. In some cases, you’ll receive a discount for bundling insurance coverage, such as homeowners, auto, and life insurance with the carrier. This can significantly drop your premiums. When speaking with a professional, ask about what deals and options are available.

2. Leverage Your Deductible

Deductibles play heavily into the price of your premium. When too high, they can be more affordable, but won’t provide the coverage you need. Too low, and you may not be able to afford your monthly payments. It’s important to leverage your deductible so that it’s both affordable and covers any devastating events your home may suffer. Consider your budget, as well as any risks to your home.

3. Know Your Needs

If you live in an area with no risk of flooding, there’s no reason for flood insurance. The same could be said for other natural disaster coverage that raises the price of your homeowners insurance. Before making a purchase, know your needs. This will help you trim unnecessary coverage from your plan and negotiate with insurance agents to get the best deal.

If you’re looking for reliable homeowners insurance, turn to Phillip Kent Beck Agency. They provide a variety of cost-effective options and are dedicated to helping clients find a deal that matches their needs. Call (336) 434-2111 today to speak with their staff and visit their website and Facebook to learn more about their services.