Tips for Finding the Best Home Insurance Quote Covering For Your Needs

An house cardboard frame is kept on the table along with an insurance application and a pen.

Home is where we share our joys and sorrows. Find the best home insurance quotes to protect your property, house contents, and loved ones from theft, fire, and other disasters. Home insurance is not mandatory by law, but most mortgage holders and banks will require evidence of insurance before lending you money to purchase a home. 


Home insurance not only covers the property and contents, but also includes a portion of liability insurance that protects the policyholder, spouse or partner, and dependents under the age of 18. Dependents under the age of 21 are also covered if they are students living at home, or temporarily living away from the insurance primary residence. 


When you get quotes for homeowners’ insurance, ask about discounts for the following:


1. Homes with monitored intruder alarms and smoke detectors

2. Senior citizens

3. Newer homes

4. People who never claimed for insurance

5. Membership or employment with particular organizations

6. Loyalty or multi-lines discounts for existing insured clients. 


Tip: Keep your home insurance current by reporting upgrades or material changes.   

What goes into a home insurance quote?


There are different types of home insurance, including comprehensive, broad, standard (named perils), and no-frills policies. When researching homeowner insurance quotes, examine the details of what is included and excluded. Are you wondering what influences a home insurance quote? Let’s take a closer look at just some of the factors.


1. Home. What type of residence do you have? Is it a single or family home, apartment, condo, or rental property? What construction material is it made of? What is the age, size, and location of the house? What type of heating, plumbing, electrical and roofing systems does it have? What is the replacement value of the home? What are the safety and security features, and were any improvements made?    

2. Location. Is the residence close to a fire hydrant and fire station? What is the crime rate in the neighbourhood? Are there more natural disasters in the area?   

3. Other factors. What are your credit score and claims history? Do you work from home?

What does homeowners insurance cover?  


As mentioned, homeowners’ insurance covers liability. Let us take a closer look at what your quote for home insurance covers regarding the property and its contents. There are four coverage elements.


1. Dwelling (foundation, flooring, windows, doors)

2. Detached structures (shed, garage)

3. Home contents (televisions, fridges, freezers, furniture, clothing. Computers, bicycles, sporting equipment, jewellery, fine art, and others might have special limits.)

4. Additional living expenses (if you are temporarily unable to live in your home due to an insured loss.)  


Home insurance is not business insurance unless home-based business coverage is specifically included. If you do not advise your insurance company of your home-based business, the home insurance could be compromised.

How to compare home insurance quotes    


With an online service provider such as Zippo Insurance, you can get a house insurance quote from the convenience of your kitchen table or patio. When comparing quotes, one of the aspects to consider is the quality of service offered by each insurance company. It is better to pay a little more on your premium, and have a relatively problem-free claims experience, than a low premium and struggle to have claims paid out


Deductibles are the amount of an insured loss you must pay, when claiming against a house policy. With each quote, decide whether you prefer a high deductible/low premium or low deductible/high premium option, and draw a comparison between all the quotes. And finally, ensure you compare the coverage each service provider offers. If they are not similar, ask for more quotes.  


Frequently Asked Questions


1. What factors should I consider when shopping for home insurance?


When shopping for home insurance, it is important to consider factors such as the value of your home, the cost of rebuilding or repairing it, and the amount of coverage you need for your personal belongings. You should also consider the location of your home and the risks of natural disasters or crime in your area.


2. Are there discounts available for home insurance?


Many insurance companies offer discounts for home insurance. Some common discounts include those for installing security systems, being claims-free, and bundling your home and auto insurance policies. You should ask your insurance provider about any available discounts.


3. How can I lower my home insurance premiums?


There are a few ways to lower your home insurance premiums. One way is to increase your deductible, which is the amount you pay out-of-pocket before your insurance kicks in. You can also lower your premiums by installing safety features such as smoke detectors and security systems, and by taking steps to reduce the risk of damage, such as making sure your home is well-maintained. Additionally, you may be able to lower your premiums by shopping around and comparing rates from different insurance providers.


4. Will my home insurance cover damage from natural disasters?


Whether your home insurance will cover damage from natural disasters will depend on the specific policy you have and the company that provides it. Some home insurance policies may provide coverage for certain types of natural disasters, such as hurricanes or earthquakes, while others may not. It is important to check your policy or speak with your insurance provider to determine what types of natural disasters are covered.


5. Will my home insurance cover damage from mold or pests?


Whether your home insurance will cover damage from mold or pests will also depend on the specific policy you have. Some policies may provide coverage for damage caused by pests such as termites, while others may not. Similarly, some policies may provide coverage for mold damage, while others may exclude it. It is important to check your policy or speak with your insurance provider to determine what types of damage are covered.


6. Will my home insurance cover the contents?


Whether your home insurance will cover the contents of your home will depend on the specific policy you have. Some home insurance policies will provide coverage for personal belongings, while others may not. Additionally, the amount of coverage for personal belongings may be limited, and you may need to purchase additional coverage or endorsements to fully protect your belongings. It is important to check your policy or speak with your insurance provider to determine what types of coverage are provided for the contents of your home.


Zippo Insurance wants to make the most beneficial insurance plans accessible to all. That is why we offer an online service where you get personalized, competitive quotes in under five minutes. Do you own rental property or a vacation home? We can help you source quotes for rental and vacation property insurance. For quality home insurance quotes, contact Zippo Insurance online today.