Georgia Homeowners Insurance - Where to Get the Best Rate

Looking for Georgia homeowners insurance? Want to get the best rate with a top company? Here's how ...

Georgia Homeowners Insurance

In addition to a house fire, there are a number of other catastrophes that can cause you to lose your home in Georgia. Thanks to global climate changes, floods and hurricanes are occuring more frequently than ever before, and theft and vandalism are on the rise.

Georgia homeowners insurance can protect you from these events and more. Here's what's covered:

* Home structure - Home structure coverage pays to rebuild or repair your home when it's destroyed or damaged by fire, theft, vandalism, or acts of nature. Most policies do not cover damage due to flooding or hurricanes, so if you live in a flood or hurricane zone you'll need to get additional insurance.

The amount of insurance you need to cover your home is the amount of money it will cost to rebuild it. Ask a local builder or realtor what the square-foot building costs are in your area, then multiply that figure by your home's square footage to get the amount of coverage you should have.

* Personal property - Personal property coverage pays to replace the contents of your home - furniture, appliances, electronics, tools, kitchen utensils, sporting equipment, clothing, jewelry, etc.

To estimate how much personal property coverage you need, take inventory of everything you and include each item's value. The total value is the amount of coverage you should have. Some policies may not cover expensive items like jewelry, antiques, and certain type of collections, so you may have to get additional insurance for these items.

* Loss of use - Loss of use coverage pays for your meals, hotel bills, and other expenses when you're forced to move out of your home, due to fire or other causes, while your home is being repaired.

* Liability - Liability coverage pays for medical expenses and damages when someone is hurt on your property. It also pays your legal bills if you're sued.

Most people have $100,000 worth of liability coverage, but if you have a lot of assets you want to protect from a lawsuit you should get enough liability coverage to protect those assets.

Getting the Best Rate on Georgia Homeowners Insurance

Because homeowners insurance rates can vary by $1,000 or more from one company to the next, the best way to get the best rate on Georgia homeowners insurance is to comparison shop.

There are comparison websites where you can get quotes from a number of different companies. All you have to do is fill out a simple form with information about the type of insurance you want, wait for your quotes, then choose the best one.

Some of these sites offer information on how to save money on your insurance. They also feature online chat services where you can get answers to your insurance questions from an insurance expert. (See link below.)

by: Brian Stevens

Article Source: www.articlesbase.com