Buying homeowners insurance in Ponte Vedra Beach can be overwhelming. As you search for a policy, there are going to be a lot of different components. If you don’t know what it is that you are looking for, or don’t have an insurance agent guiding you, you may end up choosing a policy that isn’t right for your home. As such, there are five questions that you should ask when you are purchasing a policy.

WHAT IS COVERED IN A POLICY?

One of the first things you want to find out is what is actually covered within a policy. The most common forms of coverage include fire, storm, and theft. There may be a significant amount of fine print that needs to be read so that you completely understand what is and isn’t covered within your homeowner’s policy. The last thing you want to do is file a claim, only to learn that you don’t have the coverage that you think you do.

WHAT ADDITIONS ARE AVAILABLE?

It can be advantageous to add to a standard home insurance policy. Depending upon the insurance company you work with, your ZIP Code, and various other details, there may be add-ons. This can include being able to cover high-value items such as artwork and jewelry, additional liability insurance, and much more.

HOW MUCH WILL A POLICY COST?

Take the time to find out what your policy is going to cost. This is likely going to be an annual cost, and it will be added to your mortgage payment. It will be considered part of the escrow because your mortgage company will generally pay for your homeowners insurance and your property taxes out of the escrow. However, it can vary from company to company.

You will want to work with an independent insurance agent who will get quotes on your behalf. This will make it easier to make comparisons to see who has the lowest premium.

WHAT IS THE COMPANY’S REPUTATION?

Before you choose an insurance company, you want to find out what their reputation is. Some insurance companies are known to handle claims faster than others. You will also want to find out if there have been issues with a company denying claims automatically without conducting proper investigation. You can rely on the expertise of an insurance agent to guide you towards the companies that have a better reputation for providing insurance in Florida.

WHAT DISCOUNTS ARE AVAILABLE?

Finally, you want to learn about any discounts that may be available to you. You may qualify for discounts based upon being a veteran, having safety features installed on your home, or even having other insurance policies with the same company, such as having auto or life insurance from the company where you are going to purchase your homeowners insurance in Ponte Vedra Beach.