843-574-3150 drew@drewsineath.com

Insurance is one of the great safety nets society has to offer. It’s an excellent way to provide yourself peace of mind so that when something goes wrong, you don’t have to worry about footing an enormous bill on top of dealing with the emotional and psychological stress you’ve been presented with.

If you’re a homeowner, you’re going to want homeowner’s insurance for this very reason. So, how do you go about acquiring homeowner’s insurance, you might ask? Well, it’s actually easier than it may seem.

Figure out how much homeowner’s insurance coverage you need

The first step is to eliminate the types of damage your house is not liable to face and make sure you don’t pay for that. For example, if you live in Clemson, SC, your house does not face the threat of hurricane damage that a house in Charleston or Myrtle Beach would. Your coverage needs will vary greatly depending on where, exactly, you live, and you’ll want to ensure that you are not wasting money on being covered by things that are extremely unlikely to ever be a problem in your region.

Collect information about your home

Every piece of data there is to know about your home, you’re going to want to document it. The square footage of your house and when it was built, the type of roof you have and when it was installed, any renovation history your house might have, and any pets, large trampolines, or pools you may have are all considered relevant pieces of information. This is all so that you can get an accurate quote, and won’t be surprised by the cost later.

Select your homeowner’s insurance policy

Before you select your policy, you should do a little bit of research and compare quotes from different insurance providers to make sure that you’re getting a good deal. Once you’ve taken care of that, it’s time for you to choose your policy and tweak it so that it best fits your particular needs. Part of this process includes endorsements, which are additional types of coverage that you can tack on to your already existing coverage for small fees. These include water backup coverage, flood coverage, earthquake coverage, service line coverage, and more.

Finalize the details of your homeowner’s insurance coverage

Before you can officially declare yourself covered, you’ll need to take care of a few final things. You’ll have to select a deductible, which is the amount you’ll have to pay out of your own pocket before your insurance will step in and pay its share. And you’ll need to select policy dates, the days in which your homeowner’s insurance will begin and end. Once you check those boxes off and sign on the dotted line, congratulations, you are officially covered by homeowner’s insurance!

Are you looking to buy or sell your home, and looking to find the right realtors to help you do so? Reach out to our team at Drew Sineath & Associates, and we’d be happy to help!