If you’re in the market for a new home in Massachusetts, you probably are a bit overwhelmed with all of the different to-do’s. When you actually have a home under agreement, one task on your list is to select a homeowners insurance policy. Here are a few tips on MA homeowners insurance quotes that may help with this process.
Before calling insurance companies for quotes, you may need to gather some information. First, make sure you have the listing sheet on the home. It should detail the year built, square footage, and other information that insurance companies will ask about before providing pricing. Additionally, ask your lender what should be included in the insurance binder. Normally, the lender needs to be listed. Having this information on hand will save time and additional calls to the insurance company.
Selecting the Right Coverage
When comparing quotes from different insurance providers, make sure the coverage is the same on each quote. Lower priced policies may be related to poor coverage. It is also important to compare apples to apples before making a decision. Also, be sure to ask about add-ons beyond the standard coverage. Do not assume that your policy includes coverage for events such as sewer backups.
Important Sources of Discounts
There are many different ways to save money when it comes to insurance. Here are a few of the major ones to remember…
- Combining Policies
If you have MA auto insurance or other types of policies, make sure you request simultaneous quotes. Most companies provide multi-policy discounts that include significant savings.
- Membership Discounts
Discounts are often available for MA insurance policies based on where you work (if a large corporation) or clubs and other organizations to which you belong.
Who To Call
Most MA insurance providers offer online quoting tools nowadays, so you can certainly start there. However, keep in mind that those quoting tools do not necessarily account for multi-policy discounts. It is also helpful to speak to someone about the different coverage options and levels so that you can make an educated decision. We hope that you found this information on Tips on MA Homeowners Insurance Quotes helpful. Contact us to speak to our experienced staff and get the advice and guidance that you need on MA homeowners insurance policies.