It’s often a misconception that all insurance companies are the same, that the only thing that differs is how much they charge for coverage. That’s not the case. At Burstad Insurance, we want to think you consider us the best home insurance company for you, but we also want you to know why that is.
The Difference is Hiring an Independent Insurance Company
One of the key things to look for in any provider is how well they can help you find the best coverage at the best rates. An independent insurance agency can do this because they do not represent just one company. Rather, they work with different companies that each have their underwriters. Those underwriters make decisions on who qualifies for coverage and the cost of it. There are a few big reasons why you need this type of agency.
Do You Qualify for Coverage?
Believe it or not, homeowners will not always qualify for coverage under all insurance companies. It is very common for underwriting rules to disqualify some homeowners for various reasons. Again, this differs from one insurer to the next. It may include factors such as:
- Having a criminal history
- Having a high number of claims filed
- Having a lapse in your home insurance coverage at some point
- Running your business from your home
- Living in a high risk or high-crime area
- Having features in your home that make it a high risk
Some policies take into consideration the condition of the home, such as whether you’ve taken care of it or if there is existing damage to it. Other insurance companies put more value on a consumer’s previous claims. The key here is that, by working with an independent insurance agency, it becomes possible to find a company that will work with you no matter what.
Policy Coverage and Language
There are numerous types of home insurance coverage. Finding the policy that is right for you is not always easy. With basic coverages ranging from A to F policies, for example, you need an agent that can help you understand what the best home insurance coverage for your property is.
If you have what is considered assets or risks outside of what is normal in these areas, then you need a specialized insurance policy. That’s hard to find, though your insurance agent can help if he or she is an independent agency.
The Cost Breakdown
It’s always important to know what’s affordable to you. Companies base their rates on a combination of factors, including the risk factors at the location and your personal risks. The value of your home, its age, and even the location play a role in costs. Do you live close to a fire station? Do you live in an area where flooding is common? Your agent can help to negotiate the right coverage for you, even in these situations.
Getting the Coverage You Can Rely On
Finally, your agent can help you navigate the options available to you – ones that fit all of these qualifications – to help you locate the best insurance company for you. This will take into consideration the financial strength of the company (which is often rated on the AM Best Rating scale).
Where Is Your Best Home Insurance Coverage?
At Burstad Insurance, you have a team of independent insurance agents available to help you. Let our team work with you to help you find the right coverage to ensure you always have the best home insurance protection in place.