You might be surprised to learn the best time to shop for homeowners insurance is before you actually purchase a home. Whether buying your very first home or a house for retirement, never assume that the rate the current homeowner is paying for insurance reflects what you will actually pay.
Homeowners insurance quotes are based on a variety of factors such as credit-based insurance score*, personal property and of course improvements to the home. Many homeowners are under-insured, especially if they have owned the home for a long period of time.
So, what type of house reflects your personality? Have a little fun with our house selection checklist and then call the GEICO Property Agency for a homeowners insurance quote to cover your new home.
Modern: Sleek and sophisticated, this home has all the latest technology in a near sterile environment. Be sure to request additional coverage for electronics and state-of-the-art enhancements when calling to request a homeowners insurance estimate.
Geodesic Dome, A-Frame and other Alternatives: Precursors to the green revolution, Dome, A-frame and other alternative homes have been popular with independent thinkers who value originality more than re-sale value. Be prepared to count the number of walls when speaking to your insurance representative for a home owners rate quote.
Farmhouse: Traditional, self-reliant and hardworking all come to mind when thinking of a farmhouse. It's what made this nation great. Whether you own 5 acres or 5,000, the thrill of working the land, having the children run free and having your own pack of critters has its own special homeowner insurance needs.
Micro house: Popular in Japan and other countries where space is at a premium, micro-homes are beginning to catch on domestically. Designed to address the needs of urban residents who typically use their homes only to eat, sleep and groom, micro-homes are the epitome of utilitarian.
Victorian. Nothing speaks of a romantic personality more than a Victorian mansion. Updating plumbing, heating and electrical can be challenging but well worth the sacrifice once the full beauty of the home is restored. Remember to speak to your representative at the GEICO Property Agency about the best coverage to insure an older home. Replacement cost could be higher if you desire original materials to be used after a loss. Preserve the home and character of a bygone era by making sure you have ordinance or law coverage as well.
The above-listed tips are for informational use only. Refer to your insurance policy contract for specific information regarding your coverages and for actual terms, conditions and exclusions. The above statements are general in nature and may or may not reflect the actual terms of your insurance policy.
* GEICO does not use credit-based insurance scores in states where prohibited by law.