If you are taking out your first insurance policy for a home or a car, it stands to reason that you want the best homeowners insurance or best car insurance rates. But, where do you start?
The process can seem daunting, but it definitely doesn’t have to be. If you ask a few simple questions you are sure to end up with a policy that meets your needs. Here are some questions to ask to make sure you start off on the right track as a first-time buyer:
Best Home Insurance Questions
What are my price options?
It is important that you compare quotes. This will ensure that you end up with the best homeowners insurance possible. But, just a word of caution, look for the best value, not the outright lowest prices. Some policies may be cheap, but offer very few benefits. You want a package that is both affordable and good.
What cover do I get?
Depending on the location of your home, you might have to take out specific insurance. For example, if your house is a flood risk, getting flood cover might be a condition of your mortgage. Make sure that the company you decide on offers the type of insurance you need.
Do the details suit me?
You need to think of more than just your prospective premiums. Do the other details of your policy suit you? Such as, are you happy with the excess you will be required to pay, and does the policy pay out actual value or replacement cost when you claim?
Best Car Insurance Questions
How much cover do I need?
Are you just worried about covering the damage caused to someone else’s car if you have an accident, or do you want your own car covered for a variety of mishaps? Although, third party insurance is an option, it is wise to consider comprehensive cover as this provides cover for both third party damage as well as accidents, fire and theft. But there are numerous options out there, so decide what suits you best.
Who can drive my car?
Are you the only person who drives your car, or does your partner or friend drive it from time to time? Make sure that you go for the insurance option that suits your situation.
How much do I pay?
Again, you want an option that provides a great deal of benefits and yet is still affordable. Be sure to find out about your benefits as well as looking into what you stand to pay in terms of monthly premiums and claims excesses. That is the best way to find the best car insurance rates available.
Get the Best Car or Home Insurance
These are a few good questions to ask when the time comes to take out your first insurance policy. Our team of professional consultants is more than happy to help you with the answers. Let us help you find the best insurance option for you and start you on your journey on the right foot.
For more information or to take out a policy, contact iWYZE today!
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