People are often reluctant to choose homeowners insurance if they believe they cannot understand the policy. Fortunately, there are many benefits that cover people of all skill levels understanding this coverage. People can now defer their purchase and even qualify for a premium credit estimate with so much as a phone call!
What Can I Do to Improve my Home’s Insurance Value?
There are a few things you can do to help improve the home insurance value of your property. First and foremost, make sure that your home is properly maintained. This includes keeping the exterior clean, ensuring all Windows and doors are closed and locked when not in use, and taking care to landscape and trim shrubs & trees appropriately. Additionally, add features like security cameras or fencing to deter potential burglars. And finally, keep copies of all your insurance policies, appraisals, and other related documents on-site in case you need to provide them to a claim adjuster during an audit. USAA Home Insurance Estimates
Home Ownership is on the Rise
According to the latest report from the National Association of REALTORS® (NAR), home ownership rates continue to rise and are now at their highest level in over a decade. The rate of homeownership stood at 63.1 percent in May, up from 62.6 percent at the end of 2016 and well above the long-term average of 57.9 percent. “The increase in homeownership is a key indicator that our economy is strengthening,” said NAR President Larry Nichols. “More people are able to buy and hold property, which strengthens economic growth and supports more jobs.” The strong demand for housing seems to be affecting all corners of the country, with rates rising most rapidly in the Northeast and West Coast states. California now has the second-highest rate of homeownership in the nation, after Minnesota. On a regional basis, Oregon ranks first with an 84.3 percent homeownership rate, followed closely by Nevada (84 percent). These two states have seen strong population growth over the past few years and are likely benefiting from increasing demand for housing overall. Conversely, Georgia has the lowest homeownership rate (70 percent), partly due to heavy declines in home values during
If You Find That Your Home’s Value Has Decreased, Here Is Why
When you find out your home’s value has decreased, it is important to know why this occurred. Depending on what happened, you may have been the victim of either a natural disaster or an act of arson. Natural Disasters: If your home was damaged by a natural disaster such as a tornado, flood, or hurricane, then the insurance company may not have covered the full amount of the home’s value. This is because these events are considered “acts of nature.” Acts of Arson: If someone purposely sets your home on fire, then most likely your insurance company will not cover the full amount of the home’s value. This is because arson is considered an act of violence and therefore not something that occurs naturally.
Getting a Good Deal on Homeowners Insurance
Thinking about buying a home? Make sure to get a good deal on homeowners insurance. We at USAA can help you estimate your coverage and find the best policy for your needs. To get started, simply call us toll free at 1-800-562-6878 or complete our online quote form today. USAA is committed to giving you the best possible customer service, so we can help you get insurance that not only meets your needs but exceeds them as well.
To insure your home, you will need to provide usaa with a detailed description of the property and contents. This will allow us to provide an accurate estimate of your coverage. Please note that our estimates are based on past experience and may not reflect changes or modifications to the property since you last insured it. For more information, please contact our office at 800-872-8422 or visit our website at https://www.usaa.com/home-insurance/.