Home Insurance

Compare Home Insurance Quotes in 3 Minutes

“Comparison shopping is the best way you can navigate these shifting prices so that you’re getting the best rate possible on homeowners insurance.”

John Heavan

Home Owner

our story

You're Losing Money if You're Not Comparison Shopping for Home Insurance

The reason you should shop around for homeowners insurance is simple: To save money. Insurance companies use different underwriting methodologies, which is why you may see two carriers charging differently for the same amount of coverage. In addition, changing market factors such as inflation and the price of labor and building supplies can cause price fluctuations in the insurance industry.

Comparing Homeowners Insurance Rates the Traditional Way

We recommend shopping for homeowners insurance the SmartFinancial way if you want to save time and effort. But for comparison’s sake, let’s look at how tedious it can be shopping around the traditional way.

Step 1: Decide How Much Coverage You Need

Determining the right amount of home insurance coverage is the crucial first step towards protecting your home and assets. To make an informed decision about your home insurance coverage , you will need to consider the following factors:

Rebuilding costs: Dwelling coverage insures the structure of your home and to make sure you have the right coverage, you will need to research the cost of rebuilding your home in case it is completely destroyed.
Personal belongings: Take inventory of your personal belongings, including furniture, electronics, jewelry and other valuables. You’ll want to ensure you buy enough coverage to insure the value of all your property.
Liability protection: Liability coverage helps protect you in case someone is injured on your property or if you accidentally damage someone else’s property. Higher liability limits are recommended if you have some high-risk amenity like a pool or trampoline.
Additional coverage: Some perils are excluded from coverage such as floods and earthquakes so you may want to buy additional insurance to plug these coverage gaps.

Step 2: Make Sure You Have the Right Information and Documentation

To get the most accurate quote, you will need to have the following information about yourself and your home at the ready:

Vehicle year, make and model or vehicle identification number
Property address
Year home was built
Square footage
Number of stories
If there are any detached structures
Age and condition of roof
Number of people living in the house
Whether the house is your primary or secondary residence
Claims and insurance history
Coverage start date
If you protect your home with safety features such as deadbolts, burglar alarms or sprinkler systems

Step 3: Research and Contact Insurance Companies

Now you’ll need to contact each homeowners insurance company you’re considering for a quote. Many companies offer the option to generate online quotes through their website, while others may require you to speak with a live agent. In either case, you’ll typically need to provide the necessary information outlined in the last step to obtain your homeowners insurance quote.

While cost is certainly important, it should not be the sole determining factor when deciding on a carrier. Customer reviews about an insurance company’s service and their financial stability ratings are also important to consider or you might select a provider that offers lower rates but has a poor claims process.

Once you’ve decided on an insurance company, you’ll need to contact them and ask them about the next steps on buying the policy, such as choosing your policy’s start date and how to make your first payment.

How DetroitAuto48204 Works

1. Complete a Quick Questionnaire

We’ll ask you some questions about yourself, driving history, and the insurance coverage you want.

2. Find Coverage

Review the offers and choose the policy that best fits your coverage needs and budget. The best part: It’s 100% free and only takes a few minutes.

3.Compare Rates

We’ll sort through over 200 insurance companies large and small (so you don’t have to) and find the best rates available in your area.