Oak Creek Insurance Agency

Homeowners

Get a Free Homeowners Insurance Quote & Start Saving Today!

You may be in the market for a new homeowners insurance policy or just shopping for a better deal, either way Oak Creek Insurance Agency is here to help you through the process.

Oak Creek Insurance Agency will shop the top carriers in the country to find you a homeowners insurance policy that is affordable and reliable. Contact us today to receive a quote on your homeowners insurance.

Understanding Your Homeowners Insurance

Homeowners insurance is arguably one of the most important insurance policies you can purchase. Not only does it cover your property, but it also covers liability issues. Because of the wide scope of coverage provided by a homeowners policy, it is difficult to own a home without one.

Under a homeowners policy, your property is protected against covered events or "perils". Such events can be fires, theft, vandalism, etc. The liability coverage in these policies generally cover legal responsibility for incidents that may occur on your property which result in Bodily Injury or Property Damage to a third party.

Coverage for Flood and earthquake is not generally included and must be purchased separately.

Your home is huge investment of your time and money, Make sure you are adequately protected by an insurance agent that you can trust.

How can I save money on my Homeowners Insurance ?

Your homeowners insurance premiums can vary by hundreds of dollars, depending on the size of your house, amount of coverage, your deductible, and the insurance company you choose. Many homeowners mistakenly assume that all policies and providers are the same. This type of thinking could cost you thousands of dollars in the long run. Here are some ways you can save money:

Shop around. Prices vary from company to company, so it pays to shop around. Get at least three price quotes. You can call companies directly or access information via the Internet. Your state insurance department may also provide comparisons of prices charged by major insurers.

Get quotes from different types of insurance companies. There are three types of insurance companies:

1. Those that sell directly over the phone to the consumer
2. Those that sell through their own agencies that share the name of the insurance company
3. Those that use independent agents

Price alone should not be the determining factor. Customer service and fair, efficient payment of claims are also important. You should speak to friends and co-workers about their experiences with various providers. Check with your state insurance department to research consumer complaint ratios.

Keep in mind: if you have a serious claim, these are the people you will be relying on to help you through it.

Raise your deductible. A deductible is the amount of money that you have to pay toward a loss before your insurance company starts to pay a claim. The higher your deductible, the more money you save on your premium. Consider a deductible of at least $500. If you can afford to raise it to $1,000, you may save as much as 25%.

Buy your home and auto policies from the same insurer. Ask your insurance provider if they offer discounts for multiple policies. If your provider offers auto and homeowners insurance, find out how much you’ll save and then compare that to the individual costs of your existing policies.

Don't confuse what you paid for your house with rebuilding costs.The land under your house isn't at risk from theft, windstorm, fire, and the other perils covered in your homeowners’ policy. So you don't need to include its value in deciding how much homeowners insurance to buy. If you do, you'll pay a higher premium than you should. The higher coverage will not always result in a higher disbursement from the insurer.

Ask about discounts for home security devices. Most insurance providers offer at least a 5% discount for items such as smoke detectors, burglar alarms, and dead bolt locks. You can save up to 20% with the installation of a security system or fire sprinklers. The key is to ask lots of questions before, during, and after you choose a policy and a provider.