7 Signs You Need a Different Home Insurance Company

signing a home insurance policy

What if it only took a single moment to provide you with years of relief? 

That’s what happens when you switch to a better homeowners insurance company. Making the switch gives you a chance to get a better rate, better customer service, and a bigger bang for your buck. 

However, how can you know whether switching will be beneficial or not? The last thing you want to do is switch and end up paying more for less

To make the decision easier for you, here are the biggest signs that it’s time to switch to a new company. 

1. You Recently Remodeled Your Home 

Have you recently remodeled your home? From renovating the kitchen or bathroom to adding entirely new areas to your home, a remodel is a great way to make your house that much more valuable. 

But once your home is worth more, it needs coverage that reflects that. And you could always get additional coverage from your current insurer. But why not take this as an opportunity to get quotes from different ones? 

If you get more competitive quotes, then you can start saving money, but if you don’t like the quotes you get, it will give you peace of mind about your current policy. 

2. Your Deductible Is Too High 

When something happens to your house, you have to answer a very big question: “To file a claim or not to file a claim?” After all, insurance will help pay for most damages. First, though, you must meet the deductible amount. 

In some cases, the deductible amount may be so high that it doesn’t really pay to file a claim. This means you can never really take advantage of the protection that comes from paying a monthly premium. 

Does that sound familiar? If so, it’s time to find a policy that offers you a lower rate even with a lower deductible. If nothing else, this will finally help you get your money’s worth! 

3. Local Housing Costs Are Increasing 

When you drive home, be sure to pay attention to any “for sale” signs in the neighborhood. This gives you an easy way to detect whether local housing costs are rising. 

Why is this important? While we all hope to never have to use it, the point of home coverage is to be able to completely replace your home after events such as a fire. Over time, inflation helps to drive the value of your home and surrounding homes higher. This is great when you’re planning to sell your home, but a higher home value means you need to have correspondingly higher insurance. 

Again, nothing keeps you from increasing coverage but this is the prime time to get quotes from other companies to see if you can get more coverage for less than you would pay to your current company. 

4. You’re Getting Ready to Retire 

Getting ready to retire? Congratulations! There is nothing better than getting a well-deserved rest (and, of course, spending as much time as possible with those grandchildren). 

But upon retirement, most people are on a fixed income. From month to month, you need to learn how to make each dollar count. This usually means reevaluating your current home coverage. 

When you get quotes from different insurers, you give yourself the best possible chance of getting a better premium. Every dollar saved is a dollar that can go toward helping you enjoy your retirement. 

retired woman in living room with laptop

5. It’s Difficult to Contact Your Insurance Company 

So far, we have mostly focused on life changes that might require you to get a policy through a different carrier. Sometimes, though, you may want to switch to a different company because you are unhappy with your current one. 

For example, ask yourself how easy it is to contact someone at your current carrier. Do they pick up the phone right away, or do you have to leave multiple messages? Do you have multiple ways of contacting the company so you can decide what is most convenient? 

At the end of the day, you deserve both respect and courtesy. If your current company is difficult to contact, then you need nothing less than a new company! 

6. Premiums Keep Rising 

Looking for a sign that you need a new carrier? In some cases, you don’t need to look any further than your mailbox! 

Keep an eye on the premiums you pay each month for your coverage. Are these premiums going up year after year? If premiums are rising and you aren’t actually filing any claims, then it means you may be getting a poor deal from your carrier. 

This is yet another reason to get quotes from different carriers. In some cases, it only takes a few minutes to save you money each month. 

7. You’re Just Unhappy with Your Current Company 

Still not sure whether to switch carriers or not? In that case, we’ve got just one question for you: Are you happy with your current situation or not? 

You may not have experienced any of the situations we have described here. Nonetheless, if you’re not happy with your current coverage, you shouldn’t feel “stuck” with it. It’s never too late for you to start getting better coverage. 

It’s time to stop putting up with bad home insurance and get the coverage that you and your home deserve! 

Get the Best Home Insurance Today! 

Now you know when it’s time to switch to a new company for your home insurance. But do you know where to find a company you can trust? 

At InsureOne Insurance, we’re here to take care of all your home insurance needs. We are always ready for you to get a quote online. Alternatively, you can pick up the phone and give us a quick call at 800-836-2240. Finally, feel free to come into one of our nearby offices at your earliest convenience!