What to Consider When Buying Homeowners Insurance

Buying homeowners insurance is an important part of protecting your investment in your home. Homeowners insurance provides financial protection against losses from unexpected events such as fire, theft, and natural disasters. If you’re in the market for homeowners insurance, here are some important factors to consider.

  1. Coverage levels One of the most important factors to consider when buying homeowners insurance is the level of coverage you need. Make sure you have enough coverage to rebuild your home and replace your personal belongings in the event of a loss.
  2. Deductibles Your deductible is the amount you have to pay out of pocket before your insurance coverage kicks in. Consider how much you can afford to pay in a deductible, as a higher deductible can lower your monthly premium.
  3. Liability coverage Liability coverage protects you in the event that someone is injured on your property and sues you for damages. Make sure you have enough liability coverage to protect your assets in the event of a lawsuit.
  4. Additional coverage options Consider any additional coverage options you may need, such as flood insurance or earthquake insurance, depending on the area you live in.
  5. Discounts Look for ways to save money on your homeowners insurance by taking advantage of discounts. For example, you may be eligible for a discount if you have a home security system or if you bundle your homeowners insurance with your auto insurance.
  6. Insurance company reputation Research the reputation of the insurance company you’re considering to ensure they have a strong financial rating and a good track record of paying out claims.
  7. Customer service Consider the customer service offered by the insurance company, including ease of communication and responsiveness to customer inquiries.
  8. Reviews and referrals Read reviews and seek referrals from friends and family to get a sense of the experiences others have had with the insurance company you’re considering.

In conclusion, buying homeowners insurance requires careful consideration of a range of factors, from coverage levels and deductibles to liability coverage and additional coverage options. By doing your research and working with a reputable insurance provider, you can ensure that you have the protection you need to safeguard your investment in your home.

Keywords: Homeowners insurance, Coverage levels, Deductibles, Liability coverage, Additional coverage options, Discounts, Insurance company reputation, Customer service, Reviews, Referrals

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Our Story

At Intrinsic Insurance, we’re proud to be an independent, full service, Minnesota-based insurance company that’s proudly been serving our community. Our story begins with a simple goal: to provide top-quality insurance coverage and exceptional customer service to individuals and businesses throughout the state. Our founder, David Olson, saw a need for a different kind of insurance company. He believed that insurance should be about more than just selling policies; it should be about building relationships and providing peace of mind to our customers on what matters most. With this vision in mind, David started Intrinsic Insurance, and the company has been growing ever since.
At first, we focused on providing personal insurance, such as auto, home, and life insurance, to individuals and families throughout Minnesota. But as we grew, we saw an opportunity to expand our services to businesses of all sizes. Today, we offer a full range of commercial insurance products, including liability, property, workers’ compensation, and more.
One of the things that sets Intrinsic Insurance apart is our commitment to our customers. We believe that insurance should be easy to understand and easy to use, and we strive to make the process as smooth and stress-free as possible. Our agents take the time to get to know our customers and their unique needs, so we can provide personalized coverage that meets their specific requirements. Over time, we’ve earned a reputation for exceptional customer service and expertise in the insurance industry, real estate, and construction. We’re proud to have a team of experienced agents who are dedicated to providing our customers with the highest level of service and support. Our agents are knowledgeable, friendly, and always available to answer questions or help our customers file a claim.
Intrinsic Insurance is also committed to giving back to the communities we serve. We support a variety of local organizations and initiatives, including schools, nonprofits, and community events. We believe that being a good neighbor and giving back is an essential part of being a successful business. As we look to the future, we’re excited to continue growing and expanding our services to meet the evolving needs of our customers. We’re always exploring new technologies and insurance products to provide the best possible coverage and service. But one thing that will never change is our commitment to our customers and our community.
We’re proud to be a Minnesota-based insurance company, and we’re honored to serve the people and businesses of our great state. Thank you for choosing Intrinsic Insurance as your insurance provider, and we look forward to continuing to serve you for many years to come. Questions? Call David Olson 952.314.9446 or email David@IntrinsicInsurance.com

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