Are You Paying Too Much for Homeowners Insurance? A quick guide to reviewing your coverage, understanding your costs, and making sure it still fits your home.
What to Review at Renewal Take a closer look before you automatically renew.
✓ Coverage limits ✓ Deductibles ✓ Home improvements (or changes) ✓ What’s included and what’s not
Replacement Cost vs. Market Value
Two numbers. Very different meanings.
MARKET VALUE REPLACEMENT COST What your home could What it costs to sell for. rebuild your home. Your home’s value can change with the market but the cost to rebuild doesn’t always.
Don’t Overlook Your Deductible
It affects your premium and your out-ofpocket costs. Higher deductible lower premium
Lower deductible higher premium
Would you be comfortable paying your deductible if you had to file a claim?
Questions to Ask Your Insurance Agent
A few minutes can make a big difference.
1. Is my dwelling coverage still adequate? 2. Have my premiums or deductibles changed? 3. What isn’t covered? 4. Do I need to update my policy for recent home improvements? 5. Are there discounts I may qualify for? 6. Should I compare my policy with other options?
Your Annual Homeowner Check-In
Your home changes. Your coverage should too.
Coverage Improvements Deductibles Valuables Your costs Still a good fit? Different home. Different needs. Same goal the right protection.
LOCAL INSIGHT. REAL GUIDANCE. BETTER DECISIONS. Because real estate isn't just about the market. It's about what makes sense for you..
Let's talk about your options in Snohomish.