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Shopping For Homeowners Insurance After Living In The Same Home For Years? Get The Best Coverage When You Move

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If you are moving after living in a home for years and you must get a new homeowners insurance plan, it's the best time to make sure that you have the right coverage. It's possible that you have accumulated a lot of stuff since purchasing your home, and you want to know that everything is covered as needed.

This is especially important when you are making changes and renovating a new home that you are moving into. Here are some of the things to talk with the insurance agent about, and it's important to get more than one quote to compare.

Have Renovations Evaluated

Moving into a new home can require new carpeting or other flooring, appliance upgrades, and other changes. Be sure that the homeowners insurance agent knows about these changes. You want to be reimbursed for the full value of materials you have in the house if there is a problem, not what was there when you bought the house. Notify your homeowners insurance professional of any major changes.

Don't Underestimate Valuables

People often underestimate the valuable items that they have in their homes. These are items that would be costly to replace, including but not limited to:

  • Jewelry
  • Sporting equipment
  • Electronics
  • Stored recreational vehicles, boats, or other motorized items
  • Collectables

If you've accumulated an extensive watch collection or have a full gym or seasonal lawn equipment that costs thousands, make sure that the items are included in your home insurance policy.

Get Full Coverage

Floods, termite and pest problems, exterior leaks, and other problems aren't often covered in a standard homeowners insurance policy. You want to be covered if your sump pump stops working, you have termites around the property, or if there is a leak because the house was wrapped properly on the exterior or because of other issues. Make sure that you go over the protection options and you get full coverage.

It's easy to just pay the homeowners insurance in the mortgage each month when you are a long-time homeowner. If you are moving, this is the time to make sure that you are getting what you pay for and that you are paying for the best coverage for your home. Have an insurance agent walk through the old and new properties so they can evaluate your belongings and so they can accurately determine what type of coverage is going to be the best for you.

Contact a home insurance agency to learn more.