What can Affect the Price of your Home insurance?

Your personalized quote for home insurance is not found on a standard diagram that matches your age, home value and deductible information to a set price. Home insurance quotes are explicitly developed for each applicant and are based on the very personal details of your lifestyle and living space. Here’s a taste of some of the factors that are involved in your premium pricing:

The age of the home: Older homes are less fortified against natural disasters than newer homes, and are also more expensive to repair. Newer homes are built to new safety standards and with more durable materials. What does this mean to you? If you have an older home, you can expect a more expensive home insurance quote.

The construction of the home: Wood frame houses are susceptible to fire in a way that concrete block and brick homes are not. Concrete homes can also stand up to harsher environmental elements. That makes wood frame houses more expensive to insure.

Fire protection options: Many times, smaller towns do not have their own fire department. Instead, they may have a volunteer force to fight small blazes and a force from a bigger city stepping in to control larger fires.

Continue reading "What can Affect the Price of your Home insurance?" or contact us at 614-221-1500 to learn more about Columbus home insurance.