Home insurance, like any other insurance covers your property of residence. It combines different insurance policies that protect the losses incurred to your home, its contents and your personal possessions in case of accidents, thefts or calamity. Since the property area is vast, you must get into the fine points of every policy aspect to know whether or not you’re getting the optimum coverage. Listed below are few important questions that if clarified with your agent, benefits you greatly in getting the best deal for your home insurance.

2. #1
Does my home insurance policy cover
the loss occurred due to the tenant’s
negligence?

3. * For the owners who give their house on rent, it is
important to ask the agent this question.
* He may suggest you some crucial points of inclusion
in your policy that can cover from the damage caused
by the negligence of your tenant.

4. #2
Can I avail a discount on my home
insurance?

5. In case you have high detectible installed at your
property such as smoke detectors, fire
extinguishers, dead bolt locks, laminated glass
etc., then you are eligible for discounts on your
policy by almost every insurance company.

7. #3
Does the premium of the policy
differ with my location?

8. * Often unnoticed, but the location of your house can get
your premium rate altered.
* For example, if your residential building is close to the fire
station, the rate will change. Similarly, age, type and
construction (brick or frame) of the building also affects
the rate of premium for your property

9. #4
What are the things excluded
in my policy?

10. * Ask your agent for all information about what things are
included & excluded in the policy.
* For example, acts of war, earthquakes, flood, etc.… are
some of the points that need to be clarified at the time of
taking the insurance as to whether they are included or
excluded.

11. #5
How much premium do you
pay?

12. * Ask your agent for all information about what things are
included & excluded in the policy.
* For example, acts of war, earthquakes, flood, etc.… are
some of the points that need to be clarified at the time of
taking the insurance as to whether they are included or
excluded.

13. Got more
questions ?

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