What factors should I consider to determine if I am getting good value for my homeowners insurance premium?

Answer

It is a fact that most homes are underinsured.  During every renewal, ask your Extraco agent questions about what is covered under the policy as well as optional coverages like flood, fire, etc.  Then choose a deductible that’s right for you.  The higher the deductible, the lower the premium.  A high deductible is fine, but make sure you have the money for out-of-pocket expenses if something should happen.

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Important Disclosures and Information

INSURANCE PRODUCTS ARE NOT DEPOSITS, NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY, NOT GUARANTEED BY EXTRACO BANKS OR ITS AFFILIATES, AND MAY GO DOWN IN VALUE.