Home Insurance Quote
There are many reasons for needing a new home insurance quote. Reasons may include meeting requirements for closing on a home, shopping for a better rate, or researching rates in a different state when relocating. When shopping for the quote, there are a few pieces of information that you will be required to provide your agent.
Information About You and Other Residents
Personal information required for a new Youi home insurance quote includes the name, date of birth, Social Security Number, job information, and contact information. Other questions you may be asked includes number of residents, number of pets and their breeds, length of time in the home, and if anyone in the home smokes. You will also be asked if you have any current coverage and the estimated cost to rebuild the home.
Previous and Current Insurance Information
When you need to inquire about a new home insurance quote, you will also need to provide information about previous and current insurance. This is used to determine if you are eligible for discounts by bundling your home insurance plan with automobile insurance. Questions you may be asked include if you have automobile insurance, length of time with the insurer, number of claims, and the policy number.
Information About the House
A new home insurance quote will require information about the property to be insured. Questions that will be asked include style of the house, type of roof, square footage, types of floors, and year it was built. If the house is currently mortgaged, you will be asked information about the lender and information about the lender of a second mortgage if applicable. Finally, you will be asked if there are any custom designs or finishes, alarms, distance to a fire hydrant, and home systems.
Personal Property and Valuables Information
You will be asked about your jewelry, guns, collectibles, and antiques. This information is needed in order to create your home insurance quote so these valuables can be covered in the event of theft or damage.
While the agent writing your new home insurance quote may be asking a lot of personal questions, this information is needed to provide the best possible coverage and make sure you are not under-insured.