Whether you’re starting a family or looking to settle down in a place of your own, buying a property is an exciting and rewarding milestone. But to make this purchase official, you’ll need to secure a homeowners insurance policy. If you’re unsure how to get started or would like to avoid common pitfalls, use the following pointers to your advantage.

3 Tips for Your First Homeowners Insurance Policy

1. Prize Value Over Price

When it comes to insurance policies, you get what you pay for. Therefore, it’s not the best time to hunt for a bargain. When considering quotes from different providers, don’t automatically go for the least expensive option. Ensure your policy offers dwelling protection—which covers the house and its attached structures—and that there’s enough to cover replacement costs, should you ever need to rebuild your home. You’ll also want a policy that extends to cover the possessions inside your home, and will protect you from liability should a guest become injured on the premises.

2. Ask About Bundling

While you should put quality over the price tag, there are ways to save money on the right homeowners insurance policy. Once you’ve found a provider and a plan you like, ask them if they offer discounts for bundling multiple policies. For example, you might be able to save money by getting your home, auto, and life insurance all from the same company.

3. Learn the Extent of Your Coverage

Should a disaster affect your property, it pays to know where you stand. Therefore, don’t be afraid to ask questions when speaking with the agency. You don’t have to go with whatever the standard homeowners insurance policy provides—you can add riders to your coverage to account for significant assets inside your home or structures around your home. For example, you may want to add a pool or an unattached guesthouse to your homeowners insurance policy.

If you’re looking for an agency that will consider all your concerns and make sure you find the ideal coverage, contact Omega Insurance Group of Lincoln, NE. Their respected team has over 50 years of combined experience, and they’ll be happy to showcase their skills during a one-on-one consultation. To learn more about their health, auto, and homeowners insurance offerings, visit the website. You can also call (402) 465-1167 to ask for a free quote.