Buying homeowners insurance is an essential part of owning a home. In addition to getting a good rate, your want to be sure you get the coverage you need. In order to accomplish this objective, there are some important questions to ask your agent when are discussing NJ homeowners insurance quotes.
What Discounts Are Available?
There several factors that may contribute to discounts on your homeowners insurance. One item that has a big impact on your rate is your deductible; a higher deductible typically mean a lower rate. Home safety features including security systems, smoke detectors, hurricane shutters and laminated glass may help reduce the price of NJ Homeowners insurance quotes.
What Is Not Covered?
There are a several items that may be excluded from the typical homeowner’s policy, but you can usually buy additional insurance to extend your coverage. Items that may not be covered include expensive jewelry, artwork and electronics. Flood damage, wear and tear and acts of war are frequently excluded as well.
What is the Mold Coverage?
Mold is a safety hazard and can be very expensive and time consuming to eradicate. Clarifying mold coverage is a good idea when shopping for homeowners insurance. Many homeowners’ policies have a limit to the amount they will pay for mold remediation.
These three questions are some of the important ones to ask before you purchase homeowners’ insurance. Using a reputable insurance agent will help you ensure you best understand the important features of this type of insurance.