When it comes to purchasing a (much-needed) fire insurance policy, the more you know about your options, the better your decisions will be when it comes to choosing the right one. Many people make the same mistakes when buying a fire policy.
Here's a rundown of these common mistakes.
- Assuming that the fire insurance policy is going to cover the replacement expenses of personal property items. Some policies do cover this - but you shouldn't assume. Ask your agent.
- Some fire-related situations may not be covered in your policy, so you should ask. Some common disasters that are not typically covered can include fire and explosion resulting from an earthquake, riots, theft, or burglary.
- Not taking advantage of discounts. This can include not raising your deductible, or it can include not having your other coverages (auto, homeowners) with the same company. You can also get discounts for having smoke alarms and other fire detectors in your home.
- Not documenting your home's contents to show to your insurance carrier if your home is involved in a fire. A simple written list, photos, or video of your personal possessions will prove what you have, thereby helping your claim.
By avoiding these simple mistakes, you can be sure you're getting the coverage you want. For more information on dwelling fire insurance, contact us today! We're HO Insurance, an independent insurance agency based in Altamonte Springs, Florida. You can also visit our site for a free fire insurance quote.