• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
[gtranslate]
[gtranslate]
Little known tips for purchasing the best homeowners insuranceLittle known tips for purchasing the best homeowners insuranceLittle known tips for purchasing the best homeowners insuranceLittle known tips for purchasing the best homeowners insurance
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • A lot of summer Wizz Air flights can be cancelled due to engine error

  • Poisonous Hungarian vegetable mix in the shops!

  • Long weekend in Hungary: shop opening times change considerably

Support us
Daily News Daily News · 29/06/2020
· World

Little known tips for purchasing the best homeowners insurance

budapest

The home insurance market is growing exponentially. More and more insurance companies are pitching their products to the market. And this makes it difficult to choose the best insurance policy. Luckily, this guide is going to take you through helpful tips for choosing the best home insurance policy.

Sponsored content

The Basics

Homeowners insurance safeguards your home’s structure as well as your personal possessions against covered losses. Just like other types of coverage, you pay a given amount of money to get protection from major perils that could be financially devastating.

Of course, annual premiums will vary depending on several factors, but the premium is generally smaller than the insured value of your home

Evaluate Your Needs

Start by evaluating your needs.

Then, compare the different types of policies available. If you want protection against theft, vandalism, fire, and windstorms, for instance, HO-1 policies might be the perfect option for you.

HO-2, on the other hand, offers the same coverage to HO-1 and also safeguards against falling objects, as well as, water damage.HO-3 is a popular option that covers most types of damage, including those that affect the structures attached to your home.  

Compare Various Insurance Quotes

Go online and compare quotes from different insurance providers to find a better home insurance deal. The process is extremely simple and quick. In fact, most insurers will provide you with a quote within a few minutes.

All you need is to contact them through a phone call. Alternatively, you may opt to fill out a brief form available on their Quotes page.

Home insurance quotes typically vary from one provider to another. Where you’re located will also affect how much you’re going to pay. For this reason, it’s advisable to compare multiple quotes before making your final decision.

Look for Discounts

You don’t have to pay junks of money to get the best home insurance policy. Most companies offer substantial discounts that could save you a lot of cash.

Combining your car and home insurance can bring you savings of up to 32 percent.

If you stay with the same insurance company long enough, they might end up reducing your rates. For additional savings, consider installing a monitored security system in your home. This will significantly lower the risk of theft or vandalism and save you cash on home insurance. If you remain claim-free for 5 to 10 years, you can save up to 20 percent on your policy.

Consult With Your Local Insurance Agent

Another way to get home insurance quotes is by talking to a local agent. To find the best quote, however, you should consider speaking to multiple insurance agents who work at different companies and then compare their quotes.

Consider Getting Your Quote Online

With the increased use of the internet, shopping for home insurance coverage has now become easier than ever. Most insurance companies allow you to get insurance quotes online by simply inputting details about your home, as well as, the desired policy.

Conclusion

Are you looking for the most competitive home insurance quotes? Well, there are several aspects you should take into consideration. The more research you do, the higher your chances of landing a better deal.

Assess your needs, set a realistic budget, talk to an agent, compare multiple quotes, and ask for discounts. This will ensure that you find the most affordable insurance rate.

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
useful
Share

Hot news

  • PHOTOS: Hungarian animation film wins in Cannes

  • PHOTOS: Unique Hungarian castle garden opened

  • Hundreds of thousands of Hungarians attended the Pentecost mass in Csíksomlyó, Romania

  • Hungary blocks the newest EU sanctions package against Russia

  • PM Orbán invites Qatar investors to buy Budapest Airport

  • Hungarian historic adventure film Hadik screened in Washington

Related posts

closeup-manager-hands-typing-computer-keyboard-pe-2023-05-17-00-12-28-utc (1)
26/05/2023

The influence of mass media on culture and society


Read more
france
26/05/2023

French proverbs and sayings with online french tutors from italki


Read more
AfCFTA
24/05/2023

Towards global economic integration in Africa


Read more
evolution
24/05/2023

Understanding Human Evolution in 2023


Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
  • Facebook
  • Twitter
  • Instagram

Must read

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

About us

Contact us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
PHOTOS: Hungarian animation film wins in Cannes

PHOTOS: Hungarian animation film wins in Cannes

Read More
PHOTOS: Unique Hungarian castle garden opened

PHOTOS: Unique Hungarian castle garden opened

Read More
Hundreds of thousands of Hungarians attended the Pentecost mass in Csíksomlyó, Romania

Hundreds of thousands of Hungarians attended the Pentecost mass in Csíksomlyó, Romania

Read More
Hungary blocks the newest EU sanctions package against Russia

Hungary blocks the newest EU sanctions package against Russia

Read More
PM Orbán invites Qatar investors to buy Budapest Airport

PM Orbán invites Qatar investors to buy Budapest Airport

Read More
Hungarian historic adventure film Hadik screened in Washington

Hungarian historic adventure film Hadik screened in Washington

Read More
A lot of summer Wizz Air flights can be cancelled due to engine error

A lot of summer Wizz Air flights can be cancelled due to engine error

Read More
Houses, hotels will be built at Lake Fertő?

Houses, hotels will be built at Lake Fertő?

Read More
Azerbaijani independence celebrated in prominent Budapest villa

Azerbaijani independence celebrated in prominent Budapest villa

Read More
Extraordinary announcement: Budapest’s Chain Bridge ready earlier than planned!

Extraordinary announcement: Budapest’s Chain Bridge ready earlier than planned!

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?