Because you are not working directly with a licensed insurance agent when you get an online house insurance quote, there are definitely some things that you should look for before deciding on a policy to sign up for.
Be diligent in reviewing the specifics of the policy because there is nothing worse than going to make a claim on your house insurance policy and realizing that you are not covered for the specifics of that claim.
Below are some things to watch out for when getting a home insurance quote online.
1) Causes of loss.
This is the part of the policy where it explains what is covered and what is not, as far as reasons go.
In other words, is the structure of your home covered for damage caused by water? Most standard policies will cover things like wind and rain, but they might not cover things like flood water damage or damage caused by a leaky sink.
Make sure to understand your causes of loss coverages well and purchase any additional policies that are necessary to cover your home adequately.
2) Coverage amounts.
Many online insurance companies will cut the amount of certain home coverages to be able to offer a lower quote.
Obviously, they are banking on attracting clients that are only concerned with the bottom line of how much they will have to pay for coverage, rather than the specifics of the coverage itself.
Make sure that you insure your home and its contents for the full replacement value of each.
3) Additional structures.
Is your garage covered under the quote you received online? What about that toolshed in the backyard? Make sure that all structures on the property are covered.