Account Executive, Samuelson Insurance Agency, Portage, IN
Several factors impact the cost of your homeowner insurance. Insurance companies can take into consideration all of the following criteria: Insureds age, insurance score, policy type, claims history, supporting policies, coverage limits, age of the home, location, protection class, home updates, your deductible(s), replacement cost or actual cash value on your limits, etc...
As you can see, there are many variables that are taken into consideration. And for what it's worth, I would use price as only one factor when considering what insurance policy or agent to go with. If you have five agents/companies quote your insurance, I guarantee you'll have five different quotes. Not all policies are created equal and it is important to understand what value you are getting for your money.
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As you can see, there are many variables that are taken into consideration. And for what it's worth, I would use price as only one factor when considering what insurance policy or agent to go with. If you have five agents/companies quote your insurance, I guarantee you'll have five different quotes. Not all policies are created equal and it is important to understand what value you are getting for your money.