Should I always choose the cheapest home insurance?

Due to some circumstances surrounding my income, my wife and I have little wiggle room on the price of insurance. However, we're not sure if the cheapest home insurance is always the best choice. Should I always choose the cheapest home insurance?

Answer
“To some degree, the cheapest homeowners insurance is a lot like cheap car insurance: you get what you pay for.
This doesn’t mean that you’ll always get poor coverage, but you likely won’t be getting the best coverage.
Sometimes it might mean that you have more problems with customer service or timeliness with getting your money when filing a claim. Always take a glance at consumer reports and reviews to make sure the company is reputable before signing an agreement.
If you need help finding cheap homeowners insurance quotes, use Jerry. Jerry collects the top quotes from up to 50 of the best insurance providers. Switching is easy as Jerry handles the paperwork and phone calls, so you don’t have to.”
avatar
Eric Schad
Answered on Aug 12, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.