Buying homeowners insurance is not just about making your mortgage company happy or finding the lowest price. Homeowner's policies can vary wildly in cost and the coverage they provide. Generally speaking, you get what you pay for when it comes to homeowners insurance. Higher cost policies typically include critical features that bargain contracts do not - replacement cost coverage for your contents and guaranteed replacement cost for the structure itself are examples. In addition, you can find some coverage for Identity theft, higher liability and personal property limits of coverage, and protection for water that backs up into your basement when your sump pump fails. These coverages are not included in basic policies - which means you can't rely on them being there for you if you're paying basic prices.
At CAI, we compare the cost and coverages available from the 10 plus companies we represent and help you choose the best policy for you and your family. We help you identify the additional coverages you should consider, define their cost, and help you tailor a Homeowner's policy that fits your budget AND your exposure.
It is ultimately up to you to determine how much coverage and which features you believe are important for you and your family. Our mission is to help you make an informed decision as you choose your homeowner's insurance policy - not simply to give you the lowest cost option.