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Thursday, December 5th
Lemonade is a generous homeowners insurance company that takes fixed rates from policies and donates leftover money to charities like Habitat for Humanity, Meals on Wheels, Feeding America, Pencils of Promise, Teach for America, Best Buddies, and many others. They offer competitive online quotes and have a user-friendly website that outlines everything about your policy and how to use it. Lemonade is available in all 50 states and is branching into Europe as well. They're extremely highly rated by their customers because of their great customer service and prompt claim payouts. We're really impressed with Lemonade and they've earned our highest rating.
Erie is an insurance company that prides itself in its customer service. The company has been around for nearly 100 years and has a lot of positive feedback from their policyholders. You'll need to see if they have agents in your area (we found there are lots of places they don't serve) and then reach out to them for a quote. Based on what we have read from customers, Erie does seem to be able to offer really competitive rates, so it's worth checking into them if they cover your area. The Better Business Bureau gives Erie an "A+” rating and they seem to be a solid option for home insurance.
No one wants to imagine their home getting overrun with water damage, enduring a natural disaster, having a fire destroy their property, or having to deal with theft, but it happens. Everyone should have homeowner's insurance for peace of mind and to be taken care of in case of an emergency or unfortunate occurrence. In fact, it's so important that you can't take out a mortgage anymore unless you can prove you have homeowner's insurance in place.
It makes sense that banks don't want to hand over a loan with the risk that something will happen to the property and render the owner unable to continue paying their mortgage. Since your home is such an important asset, you don't want to risk being responsible for thousands of dollars in costs if unexpected damage or destruction were to occur. Being uninsured in a time of crisis could result in total financial ruin.
Most people don't have enough cash in the bank to cover a major portion of or even the entire cost of their home. It's probably the last thing you want to spend your money on when you're already paying a monthly mortgage. Having good home insurance is the best way to stay financially protected and ensure that you always have what it takes to repair and maintain your house if something goes wrong.
If you're a new homeowner, it may seem a little overwhelming to find an insurance policy. Luckily there are lots of companies available these days for you to choose from. Companies have gotten better at using layman's terms and really spelling out all their policies for you, so that you know what you'll be paying monthly, what the policy covers, and how to make a claim if you need to. Usually a company will offer a few different price ranges you can choose from, depending on how much coverage you think you need, and you can easily compare them to decide what works best with your budget and covers the risks that most threaten your property and surrounding area.
We've done some of the heavy lifting for you here by going over the process different companies require for you to get quotes and reviewing what people have to say about their customer service and follow-through with claims. When it comes to a situation regarding insurance, you don't want to mess around. We can't overstate the importance of being able to rely on a company that's affordable and will hold your hand while you navigate stressful situations.
Since there are quite a few insurance companies to choose from that have different types of policies, keep the following things in mind when choosing who to go with:
Top Consumer Reviews has researched the most important things you'd need to know about choosing a home insurance plan. We hope this information helps you find peace of mind knowing that one of your most valuable assets is protected. We've tried to make things as easy as possible for you to feel confident in your decision about which home insurance company to go with.
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