Missouri Homeowners Insurance

Homeowners insurance is something that many people in Missouri don’t often take the time to choose wisely.  In Missouri, homeowners insurance options are plentiful, so there are a lot of options people are missing out on.

By obtaining this valuable protection to cover what’s probably your biggest asset (your home), you can ensure that any liability on your part is limited and that you are protected from risk.

Learn how to choose the best homeowners insurance for your Missouri property, and your available options.

4 Steps To Getting The Best Missouri Homeowners Insurance 

There are four main steps to getting the best Missouri homeowners insurance:

1. Decide what you need.
2. Select an agent or a company.
3. Choose a policy.
4. Get discounts and the best rate.

Does that sound a little too simple? Well, the truth is that before you can take these steps you do need to evaluate your priorities and have a solid understanding of the type of plans and options available.

To decide what you need you will need to learn about the different types of insurance available as there are many options and different types of coverage.  These things are outlined below.

Selecting an agent is based upon your own feelings about the agent and where you live.  You want a responsible agent that has been in business for some time.  Make sure your agent and the companies they are representing have a good reputation.

You may choose to base your decision on a company and the policies available. If you choose to do your initial research online you can still have the options of calling an agent to explain anything you don’t understand.

Choosing your policy should not be too difficult once you learn about the types of policies available. Discounts and getting the best rate is also outlined below.  This helps to ensure your policy is both practical and affordable.

Types Of Missouri Homeowners Insurance

The typical Missouri home insurance policy will offer your property and liability coverage.  Property coverage covers the loss or destruction of your home, buildings and personal property.  Liability protects you against claims due to an accident on your property.

In most policies the following types of destruction and damage are covered:

• fire
• lightning
• wind
• hail
• explosion
• riot
• aircraft or vehicle
• smoke
• vandalism and theft
• falling objects
• ice and snow
• freezing

Besides a general policy there is a policy called the FAIR Plan that is available to people who have been denied traditional coverage.  This plan offers coverage for all of the above, except theft and liability coverage.  There are requirements you must meet, including proof of being uninsurable through traditional means.  Additionally, the FAIR Plan will cost more than traditional plans.

Optional Coverage Under Missouri Home Insurance

Besides general MO home insurance policies there are also optional coverage options.  A general policy usually will not cover expensive investment-type items and some types of disasters or situations.  Getting optional coverage may be in your best interest depending on your situation.

Here are some types of optional coverage you may consider:

• Guaranteed Replacement Cost Coverage: This offers you 100% payout on the cost to replace all lost items.  Most general policies will offer you simply the value of the lost property, not what it would cost at that time to replace it completely.  This type of coverage is usually more costly.
• Personal Article Floater:  This is added to your insurance policy and covers valuable items not covered by the general policy, such as collectors items and jewelry.
• Flood Insurance: No general policy covers flooding.  You have to get a separate policy for this.  It is worth looking into if flooding is common in your area.  You get it through the Federal Insurance Administration of the Federal Emergency Agency (FEMA).  You must be located in a plan area to get this coverage.

Save Money With A Quote On Missouri Homeowners Insurance

Saving money on your MO homeowners insurance should be a top priority.  You want to make sure you get the right amount of coverage, but you do not want to spend out too much to do so.   Here are some things you can do to find a cheap Missouri homeowners insurance policy:

• Fix credit problems
• Choose a higher deductible
• Only get as much coverage as you need
• Install safety devices
• Opt out of optional coverage you do not need
• Shop around

Shopping around will allow you to find the best rate and it is a great way to save money on your insurance costs.  You need to get quotes from multiple companies and then compare them to find the lowest one. Make sure you are comparing similar coverage and giving the same information to each potential provider.

The easiest way to do this is to use our free Missouri homeowners insurance quote tool.  Enter your information once and we do all the work, gathering up multiple quotes form different companies for you.  It is quick and simple, and you can do it now!