Comparing different home insurance policies calls for patience. Usually, people would simply jump to the end and simply compare the annual premium that each insurance company has quoted them. This is a big mistake, knowing that the contents of the insurance policy form the basis for the coverage amounts. A considerable reduction in just one coverage amount can lower the premium substantially. The problem will come up when a claim is not accepted because of inadequate coverage on the policy.
A good shopper will compare each amount on each policy with the help of a spreadsheet. Each insurance company should be assigned a column, each row holding the same classification. By making exact comparisons, you can clearly see the discrepancies revealing why the premiums are not the same. Notes you write after each category will will serve as a reminder for the … Read the rest