Getting cheap contents home insurance is easy. Just call your current automobile insurance company or any reputable company in the business and ask for a quote. But, before you do that, find out how much you want to insure. Do you want to insure the pictures on the wall? Do you want to insure the entertainment center and everything in it? How about the expensive china? Well, you can do all that and more! When you get a quote, don’t just pick the first company you find. Shop around. Ask what is insured. Do they insure if there was a fire? How about if someone breaks into your home and steals your most valued possessions? Do they insure if there was a natural disaster like, a tornado? Do they insure for a flood, or hurricane? How about an earthquake? You need to ask these questions. If you don’t, then you might not be covered.
Read the fine print of your policy. Don’t assume that the person you are speaking over the phone to at the insurance company knows everything about the policy and, has been there for 10 years. Sometimes the employees that are working on your specific policy at the insurance company think they know all of the policies, when really they just started working there three months ago. Sad to say, I’ve seen it happen. Employees at insurance companies may say to you, “Yes, you’re covered on flood, hurricane, wind, and any natural disaster”. Then, when a natural disaster comes whipping through your home, and your home is flooded, you begin to say in the back of your head, “Well, at least I have flood listed on my contents insurance. I’m insured up to $80,000 for all the items I’ve lost in the flood. Good thing I took out a policy”. But, did you actually look at and review the policy word for word? You need to review the policy as soon as you receive it from the insurance agency.
Don’t review it after the disaster happens. This happens to about 80% of all insurers. They wait till after the incident then take their policy out to actually read it. In this case, come to find out, the policyholder did not have flood listed on their contents insurance and they lost everything in the flood. You’re paying for this policy every month, how do you actually know what’s covered in your policy? Take the time to read it fully, then, ask questions. Do they cover for jewelry? Do I need to take pictures of the jewelry and list the items on an insurance document? Do I need to get these items appraised? Do these items need to be inspected by the insurance company? Ask specific what if questions. It’s the only way to protect yourself against things that you cannot control. Find out if the company has a deductible. List all the positives and negatives about the insurance company. Find out if they are reputable. How to get cheap contents home insurance is easy, just make sure you know what is being covered.
