When you are shopping for home insurance quotes in CT, it may be tempting to choose the cheapest policy you can find. However, there are many important factors to consider that may affect your coverage.
1. Cost of Home Replacement
One important aspect of home insurance that many people don’t know about is that the cost of rebuilding a home can be higher than the actual value of the home. If you only insure your home for its current value, you may not be able to rebuild it to the same standard. Many insurance quotes have the option to cover the home for the actual replacement cost, so it is a good idea to look at your quote closely and make sure you understand what is covered.
2. Coverage of Other Structures
Another thing homeowners sometimes overlook is the coverage of structures on their property other than their home. If you have any sheds or outbuildings, make sure your home insurance policy will cover these.
3. Value of Home Contents
The coverage of home contents varies on different home insurance policies. If you have specific items of value, make sure those items are covered on top of the general amount provided for your personal property.
Most people want to purchase an affordable insurance policy, but look closely at the differences between home insurance quotes in CT to know what your coverage will be and ensure that it is adequate.