It's a great idea to do a home insurance review before you decide on a specific homeowners insurance company to go with for your policy.
There are several key factors to consider when choosing a company and you should make sure to look for each one and how the company rates.
Below is a description of the most important factors to consider when reading reviews on home insurance companies.
1) Company's history on claim denial.
Does the company in the review have a history of refuting claims or denying responsibility for reimbursement? There is a lot of fine print in any homeowners policy and some companies have a history of using the fine print to get out of honoring claims.
Obviously, you don't want to insure with one of these companies.
2) Speed of claim.
How long does it take for the company to issue a check? How satisfied are the clients that have made claims with them in the past.
Often, collecting on a homeowners claims quickly is not just a matter of convenience, it's a necessity.
Make sure to know how well a specific company rates on this aspect.
3)Rates.
One great way to compare rates is to read reviews.
The current or former clients of each home insurance company will have strong opinions on whether they got a good deal, or feel like they paid too much.
4)Discounts.
How are the discounts that are offered by the company.
Some insurance companies offer great discounts if you take certain steps to protect the home.
Others fall short.
Learn how well each company you are considering rates.