Four of the most common insurance mistakes homeowners make

Home insurance mistakes could cost you a lot of money down the road. When you insure your property in Vernal, UT, it’s crucial that you make the right decisions and protect your investment in your home. At Perry Insurance Agency, we can help.

Here are four of the most common home insurance mistakes homeowners must avoid.   

Choosing a policy with a high deductible amount

While it might initially seem like a good idea to choose a high deductible for your policy, this could create financial problems if you eventually have to file a claim.

Ensure that your deductible amount is low enough that you’ll easily be able to pay it if you end up experiencing home damage and needing to file a claim.

Not making sure that outbuildings are covered.

If you have any outbuildings on your property, you should insure them. Home insurance policies won’t always automatically cover outbuildings like detached garages. That’s why it’s so important for you to read your policy’s fine print and ensure that all the buildings on your property are covered. 

Allowing a home insurance policy to lapse

Failing to make a premium payment could result in a lapse in home insurance policy coverage. Homeowners need to make all their payments on time to ensure their policy remains in effect. 

Failing to reconsider insurance needs periodically

A homeowner’s insurance needs can change. If your financial situation or your home’s value changes, you need to update your home insurance policy accordingly. That’s why you should periodically review your policy and consider any required updates. 

Insure your home in Vernal, UT, with a policy from Perry Insurance Agency. We’d be happy to assist you if you’re looking for the right home insurance solution. Call us now, and we’ll give you a quote on a home insurance policy.