When considering the best home insurance coverage, it is important to reach out to an independent insurance agent. Why is this important? The very nature of an independent agent is to shop around for coverage among different companies to find the best fit for your needs. This means that instead of presenting the potential risk of loss that comes from insuring a home with one company, an independent agent can present your risk to many insurers for the best outcome.
Your home is one of the most, if not the most valuable asset you own. Zillow.com reports that the median home values in Mayville for 2019 was $145,922, up 5.4% from the prior year. The median values in nearby West Bend for the same period was $211,659, also 5% higher than 2018 values. Protecting your investment of $145,000 – $211,000 means finding the home insurance that:
- You qualify for;
- Provides you with all relevant information;
- Is priced appropriately; and,
- Compares favorably to other coverage available.
How Can I Disqualify for the Best Home Insurance?
Some factors can disqualify you from obtaining the best home insurance. Some of these factors include:
- A criminal history or conviction, especially for fraud and dishonest acts;
- Making a lot of claims, particularly inside a short period of time;
- Allowing your coverage to lapse due to the nonpayment of premiums;
- Residing in a dangerous (high risk) area of a town;
- The presence of dangerous or hazardous materials in your home; or,
- Living in a home that requires extensive repairs and maintenance.
These factors are weighed differently by different companies, meaning when you work with an independent agency gives you a better chance to qualify, even if you have one of the disqualifying factors.
Where Do I find Policy Information?
When presented with a policy, you should ask for a copy of the sample policy. It is in the sample policy you will find valuable information about the coverage you are purchasing. You will also be able to use that information to compare the benefits in one policy to those in another. This helps you, with the guidance of your independent insurance agent, uncover the best home insurance for you and your home.
The Coverages A–F that defines your best home insurance policy will vary from company to company. Having the information on the sample policy to compare will allow you to make an informed decision when deciding to buy.
How Do I Access Pricing Information to Compare Policies?
Why should you consider an independent insurance agency? The best argument for independence is the ability to represent more than one company. This means that as an insurance consumer, you are not locked into the pricing of one company but can shop different insurers for the best rates on your best home insurance coverage.
How Do I Determine Which Company is the Best for Me?
Insurance companies are compared on their ability to pay claims (when made) and on the strength of their finances. These comparisons are graded by rating companies such as A.M. Best. This rating is helpful for you because it allows you to make a fair and unbiased assessment of the insurance companies recommended to you by your independent insurance agency.
Getting Information About the Best Home Insurance from Mayville Insurance
Mayville Insurance is a comprehensive and independent insurance agency. The agency has been in business for over 70 years, since 1947, providing insurance services for residents throughout Mayville and the Greater West Bend, WI area. We provide multiple options for your best home insurance needs and sit down and discuss with you the insurance carriers which provide the best coverage for your home. A simple call or email starts the process of sitting down with one of our insurance professionals to find the insurance you need and can afford.