Before you renew: four things to check
- Gather your current policy and renewal notice. Note the policy dates, premium and any changes the insurer has listed.
- Ask for comparable quotes. Give each insurer the same information and request the same coverage limits so differences are easier to spot.
- Check deductibles and exclusions. Ask about separate wind or hurricane deductibles and how the policy pays for damaged belongings.
- Resolve questions before switching. Confirm the new coverage and effective date with the insurer before cancelling an existing policy.
For more background, see the NAIC homeowners insurance guide.
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