Car Insurance Matters

About Me

Car Insurance Matters

I still remember the day that I drove off of that used car lot with my first car. In my excitement to show off my new ride to my friends, I smashed my car into a telephone pole. Although I can laugh about the accident now, it was devastating at the time. In addition to completely destroying my reputation, I also had to deal with the expenses that were involved with the wreck. Unfortunately, I hadn't purchased car insurance, so I had to foot the repair bills on my own. After getting my car fixed and thinking about my actions, it was very clear to me that I needed to invest in a car insurance policy. I decided to learn as much as I could about insurance, and that is one of the reasons that I decided to become an insurance agent.

Latest Posts

Auto Liability Insurance: Safeguarding Your Journey
21 August 2023

When it comes to auto insurance, understanding you

Understanding Full Coverage Auto Insurance
14 June 2023

The insurance industry is full of specific termino

Insurance Options For Your Online Business
19 April 2023

Starting and running an online business may seem l

5 Tips That Will Help You Get Cheaper Auto Insurance
16 March 2023

Do you feel like you're spending way too much on a

What Questions Should You Ask Your Auto Insurance Agent
25 January 2023

If this is the first time you have been involved i

3 Things To Consider When Purchasing Homeowner's Insurance

Are you about to purchase your first home? Has the bank told you that you need to get an insurance policy for the house before they'll approve the sale? Having a valid insurance policy is a requirement for most lenders if you want to get a mortgage. Fortunately, you can choose your own company and policy instead of having it chosen for you. But if you've never shopped for homeowners insurance, you may be overwhelmed by all of the various options. Some things that can make the whole process easier include:

Know your home's specifics: Before you call various insurance companies about homeowners insurance, make sure that you know as much as possible about your home. For instance, is it a wood-frame house? Block? Masonry veneer? If you don't give the right answers, the insurance company may not pay out on your claim if you need to make one. For example, if you say that your house is block construction and it is actually wood-frame, your insurance rates will be different because the risks of various problems are also different. Giving the all of the correct specifics, including the home's value if it's different than the sale price, is essential to getting the right insurance quote.

Flood insurance: Whenever possible, you should opt to get flood insurance. This is true even if you live in a location that is nowhere near a river. Something as common as a broken pipe may not be covered under your regular homeowners insurance policy unless you have paid for additional flood coverage. Other possible causes of flooding in your home include broken water mains and over-full street gutters. If you live in an area where river flooding is a serious risk, having at least basic flood coverage becomes even more important. Repairing water damage can be extremely expensive, more than the cost of your insurance premium, so it's better to be prepared whenever possible.

Install protective measures: Most homeowners insurance companies will give you a discount on your premium if you have various protective measures installed. These things include security screen doors, burglar alarms, working smoke detectors, having a working fire extinguisher in the home, or having a sprinkler system installed. When you talk to potential insurance companies, like Lanham Insurance Agency, they will ask if you have these things already installed. If you don't have them, you can get a quote on insurance costs both with and without them. This can give you a better idea as to whether or not it's worth it to install any of these things in your new home.