ipl-logo

Home Insurance Research Paper

1009 Words5 Pages

Get quality insurance for your home Accidents are prone to happen anytime. Accidents are not predictable. This is the main reason people seek insurance covers for their homes. There are many quality insurance for homes a person can choose from. It all depends on a person’s preference. Insurance covers are very important as they protect someone from certain risks. If risks occur, a home owner will be compensated according the damages that occurred. High prices not always the best policy Most people go for insurance companies that charge high premium rates when looking for various insurance. Most of them have the perception that insurance policies that charge high rates have the best policies. This is pure lie. On the contrary, there are many …show more content…

In fact, most people look for insurance companies that have affordable rates. • Offers-Good insurance policies are always enticing to potential clients. Policies that have offer tend to be loved and adored by many. How to find perfect home insurance agencies Everyone desires to transact with the best companies, isn’t it? This statement also applies when it comes to insurance. Insuring your home with the best insurance agencies helps avoid a lot of problems ranging from problems paying out incase risks occur. There are many methods a person can use to find the best insurance agencies to insure their homes. A person can either do a background check or hire an insurance broker to help them look for a perfect insurance company that offers the best rates. Here are some tips on how to find a perfect home insurance agency: • Quotes-The first step involves asking quotes from the shortlisted insurance agencies.Alternatively, a person can visit various comparison sites. Asking for quotes will help you shortlist insurance agencies that suit your budget. Insurance agencies have different …show more content…

Here are some guidelines on how home owners can get cheap insurance policies: • Being loyal to the same insurance company-There are many advantages of being loyal to one insurance company. Most insurance companies reward their loyal customers by reducing their premium rates as a token of appreciation. Home owners should try and stick to one insurance company if they want to get discounts after a while.However; home owners should not limit themselves to one insurance company when they find better insurance deals. • Installing burglary or fire alarms-Are you a home owner? If yes, please pay attention to what I am about to say. Homes that have alarm systems prevent certain risks from occurring. Insurance companies reduce the premium rates of houses with such alarm systems. This is because the chances of the insured risks occurring are very low. • Paying annually-Whether you are looking for insurance for motorcycles and cars or homes, paying rates annually is vey cheaper compared to monthly premium rates. If you are a home owner, choose the annual payment scheme if you can comfortably

Show More
Related

  • Jackson National Life Mission Statement

    1153 Words  | 5 Pages

    Life is full of wonder and beauty yet, life is also mysterious and unpredictable as well. With that said, it is best to prepare for the life ahead no matter how long and wild it could be. Insurance companies were created for this reason; preparing for the unexpected. Whether there is a hurricane, earthquake, or fire, there are insurance companies out there that allow people to buy coverage for the unpredictable future. Jackson National Life is such an insurance company that was founded on the principles of helping its customers prepare for the future ahead.

    Read More

  • Texas Home Insurance Coverage

    801 Words  | 4 Pages

    It was one of the fastest growing of the top 10 largest cities in the United States. San Antonio is one of the most affordable cities in the US, for visitors and local populace. Homeowners insurance here will cost an average of $1,152. Dallas Dallas is the fourth most populous metropolitan area in the US.

    Read More

  • Dental Discount Plan Research Paper

    511 Words  | 3 Pages

    In addition, your dentist may be able to provide a plan recommendation or let you know which networks they work with. You will want to purchase a dental discount plan because it can save you money on most procedures, can be used as many times as necessary, and because it does not restrict when you can use

    Read More

  • Why Is Long Term Care Insurance Important

    302 Words  | 2 Pages

    Many people underestimate the importance of long-term care insurance. They believe that if they have Medicare, then the cost of long-term care will be covered. However, Medicare typically only pays for nursing home facilities. That is why long-term care insurance is a necessity. Long-term care insurance will provide coverage for people who need assistance with the activities of daily living.

    Read More

  • Why Renters Insurance Is Important

    297 Words  | 2 Pages

    As a house or apartment renter, you may think your landlord 's insurance policy will cover you and your belongings in the event of a break-in, accident, or natural disaster. However, this usually is not the case. Tammy Ross Insurance in Monroe, NC, encourages you to get renters insurance to protect your belongings. For nearly two decades, this independent insurance broker has been the most trusted and reliable broker of renters, home, life, car, and health insurance in Union County.

    Read More

  • Comparison Of GEICO And Berkshire Hathaway Inc.

    561 Words  | 3 Pages

    GEICO has become a dominant insurance company that has made it challenging for other insurance companies to equally compare. Upon the arrival of the company over eighty years ago, the distinctive low-cost method gave them leverage over established insurance companies because they did not notice them as much. However, GEICO was gaining the attention of others pushing their use of exceptional advantages to surpass their competition. The core competitive advantages for GEICO is their low-cost model and the relationship with Berkshire Hathaway Inc.

    Read More

  • Argumentative Essay On Obama Care

    435 Words  | 2 Pages

    Everyone isn’t expected to see rates go down or stay the same because the cost of insurance premiums vary by the region. Insurance industry profits are not a significant driver of

    Read More

  • Essay On Single Payer Health Care

    1318 Words  | 6 Pages

    Some people are at a ton of risk, such as being old or having a history of poor health. These people in poor health are more expensive to cover simply because they hold more risk for the insurance company as they require more

    Read More

  • Affordable Care Act Argumentative Analysis

    1655 Words  | 7 Pages

    The only way I could look at actual quotes was to go to each individual insurance company. In doing this I found that most of the plans were very close to the same premiums and out of pocket cost. At that point I seriously just felt that it was a huge waist of a day and that the website I was given for the market place was a joke. Even the President addressed this issue about three years ago stating, “The problems of the website have prevented too many Americans from completing the enrollment process. And that’s on us, not on them (Obama, 2013).”

    Read More

  • Persuasive Essay On Health Care

    955 Words  | 4 Pages

    Insurance companies are making a huge amount of profit. The profit that these

    Read More

  • Hurricane Irma Impact

    995 Words  | 4 Pages

    “It’s a do or die”. According to Fox news report, the extent of the damage to Florida and US Virgin Islands from hurricane Irma remains unclear because estimate on these US State/islands are still ongoing and could head into hundreds of millions to billions of dollars. Many insurance companies can easily go bankrupt as a result of the impact of Irma, one can only imagine the huge amounts that are being paid out to persons who would have lost their worldly possessions and to beneficiaries who have lost loved ones; as such, home owners will see a hike in premium payments going forward. Ironically, this hike in premium payments will not be limited to the affected state and territories, but in all countries/islands where such companies have branches.

    Read More

  • Best Process Essay: The Process Of Buying A House

    1287 Words  | 6 Pages

    The first step to buying a house is starting your research early. As soon as you can, start reading newspapers, magazines, and search on websites that have real estate listings. The next best idea is to take notes of specific homes you find interesting, and keep track of how long they stay on the market.

    Read More

  • Medical Insurance Essay

    448 Words  | 2 Pages

    There are many different types of medical insurance companies to choose from. Different types include; Humana, Medicare, Medicaid, Blue Cross Blue Shield, Obamacare, Affordable Care Act, Cigna, United HealthCare, Aetna, AARP Medicare Supplement, Medigap, plus many more. With the right amount of research anyone would be able to find the perfect insurance match that fits their needs. In conclusion, medical insurance is a vital part in everyone’s lives.

    Read More

  • Essay On Electrical Wiring

    763 Words  | 4 Pages

    And if you are lucky to find one, the policy will likely not cover the costs of damages including fire to your home. And if it does, you might not like the

    Read More

  • Insurance: The Importance Of Insurance

    1977 Words  | 8 Pages

    Insurance is the equitable transfer of risk of a loss, from one entity in exchange of money. In today’s world, it is difficult to find a person who is not fully insured. Thus, insurance is a means to manage possible risks, as no one wants to face any type of a loss. It is evident that the insurance companies are now profiting to a greater extent since everyone wants to be on a safer side and avoid risks. This has in turn helped in the economy’s development and growth.

    Read More

More about Home Insurance Research Paper

Open Document