Homeowners Insurance: Who are the good and bad providers?

  • This topic has 14 replies, 13 voices, and was last updated 2 weeks ago by cheerfulaccommodation.
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  • hugewhisky1
    Participant

    I’m a new homeowner and feeling overwhelmed trying to choose from the various homeowners insurance providers out there. I’ve heard good and bad things about different companies, but it’s hard to get a clear picture. Based on your experiences, which providers have been reliable when it comes to claims and which ones should I avoid?

    savory_glamour
    Participant

    My insurance broker was a lifesaver. They got me a quote that was at least $300 cheaper per year than the cheapest of the 8 or 9 quotes I found myself, and the coverage was far better. This shows how helpful it can be to have someone shop around for you.

    WaryNobody
    Participant

    When I decided to bundle my home and auto insurance, I was surprised to see that the discount on my car insurance was significant. It basically covered the cost of the umbrella policy I added, making it feel like I got it for free. This bundling strategy definitely saved me money.

    PM_ME_YOUR_WAISTCOATS
    Participant

    I make it a point to shop around for home insurance every couple of years. The last time I did this, the yearly estimates I received for my small house varied wildly, from a low of $732 to almost $6,000 for the exact same coverage limits. It really opened my eyes to the importance of getting multiple quotes.

    TheBleakOpposition
    Participant

    After my house suffered major damage from a natural gas explosion (which wasn’t my fault), Travelers covered our temporary housing, including a hotel and then a rental home with furniture, which amounted to a positive experience despite the stressful situation. This coverage helped us immensely during a difficult time.

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