As a responsible homeowner, you probably already have a homeowners insurance policy in place. However, just because you currently have coverage doesn’t mean that you can’t look for a better deal. Situations involving your property can change, and at some point, you may be better served by another agency. Here are a few reasons to keep shopping around.

Why You Should Rethink Your Homeowners Insurance Policy

1. You’re Premiums Are Too High

Home insurance premiums tend to go up on a yearly basis. Sometimes, increases make sense, such as after making a claim.

In other cases, your rates may increase due to no fault of your own. Maybe your insurer had to pay out many other claims that year, in which case all clients are subject to a rate hike. And when these insurers don’t offer discounts, you’ll have no way to reduce costs.  

2. Customer Service Leaves a Lot to Be Desired

Insurance agents must respond to client queries in a timely manner. They must also work to expedite claims as they come in. If your agent leaves you waiting for days before responding or is reluctant to make a decision about a claim, you’re the victim of poor customer service. In this case, consider taking your business elsewhere. 

3. You’re Not Completely Covered

When it comes to insurance, details matter. That’s why it’s so important for agents to communicate policy limits clearly. If you’ve made a claim and found out the damage to your home wasn’t covered or the damage is above the financial limits set on your policy, the out-of-pocket expenses can be more than you budgeted for.

At the very least, you should revise your current policy to more accurately cover your needs—but make sure to shop around to guarantee you are getting the best deal on that extended coverage.

 

Robert Rung Insurance in Lincoln, NE, is an independent insurance agency. As such, they can shop around to many different carriers to find quality policies at affordable prices. This team will also take the time to sit down with new clients to explain their policies and answer questions. Call (402) 483-2279 to get started on a homeowners insurance quote or visit the website for a full listing of services.