Little Known Facts About Home Insurance - And Why They Matter

Your home is an important piece of property that provides shelter to your family. Homeownership is a privilege that not everyone can obtain. Hence, homeowners like you need to appreciate your home more. And the best way to do that is by getting home insurance.

Home insurance can protect your family through financial coverage for your house. There are unforeseen perils that could potentially bring damage to your home. In most cases, your home insurance can cover expenses associated with these perils. Without home insurance, you might find yourself dipping deep into your personal funds to cover the costs of repairing or rebuilding your house. 
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Here are several little-known facts about home insurance that might surprise most policyholders:

House Near Fire Departments Pay Less Home Insurance Cost
Most policyholders will be surprised to know that if their residence is located near fire departments tend to pay less on their home insurance cost.  If you live in such a neighborhood, you are fortunate because it can help lower your premiums. It is a money-saving tip most people are unaware of.

Another factor that could reduce your home insurance premium is the fire department’s effectiveness in receiving fire alarm calls and how effective they can dispatch firefighters. 

Likewise, if your home is near a fire hydrant, it can also help you reduce your home insurance cost. Usually, if a fire hydrant is within 1,000 feet from your house, you will pay fewer premiums. But how sufficient your community’s water supply can also play a role. Of course, even if a fire hydrant is nearby but does not have enough water supply, it will be ineffective in case of a fire.

Dog Lovers Might Find It More Difficult To Secure Home Insurance
Homeowners who own a dog or several dogs might find it surprising to experience difficulty getting home insurance. Most people might be perplexed why their dogs cause problems when getting home insurance.

It all boils down with dog bites. Your home insurance has liability coverage that pays for liability claims due to your dog biting someone. On average, the cost of a dog bite is around $30,000. You might be surprised that it makes up a third of all liability claims. Hence, insurance providers are mainly concerned with some breeds of dogs that bite the most.

Some insurance providers might refuse to provide home insurance to dog owners of specific breeds, like Rottweilers and pit bulls. Others might offer you limited liability coverage.

Conclusion
Few people know that if they have a house near fire departments and fire hydrants can reduce their home insurance cost. Meanwhile, if you are a dog lover and your dog has a biting history, you might have difficulty getting home insurance. Typically, these factors can affect your home insurance that most agents would not provide you.

At Priority Insurance LLC, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (864) 297-9744 or Click Here to request a free quote.