Searching for New York homeowners insurance isn’t difficult, but it often involves a great deal more information than other types of insurance policies. When you need auto insurance, for instance, you give your insurance agent the make and model of your car, a little bit of personal information about yourself, the amount of coverage you desire, and then the cost of the policy is easily determined. A New York homeowners insurance policy requires many additional pieces of information.
To get a firm New York homeowners insurance quote, you’re going to need to describe your house in detail. Unlike automobiles, your house can’t be assessed for insurance purposes strictly by the year it was built and who built it. In order to give a detailed quote, your agent will need to know what year the house was built, how long you’ve owned it, the square footage of living and utility space, and the style of the home. You’ll also need to answer detailed questions about the materials and fixtures in the house so that they can be insured for their true value if you make a claim. This includes questions about the exterior of the house, including outbuildings. You’ll need to know what kind of plumbing, electrical, heating and cooling systems are in place, and what kind of septic system you have. Insurance agents will be interested in auxiliary heat sources like fireplaces and wood stoves.
The cost of your New York homeowners insurance policy can be affected by unusual things, some of which can seem trivial to a homeowner, but might have a big effect on the outcome of a disaster that could cause a claim. You’ll be asked to estimate how far away the nearest fire department is, and how far your house is from the nearest fire hydrant.
New York homeowners insurance policy amounts are based on risk, so efforts by homeowners to minimize risks to the house and its occupants can bring lower premiums. Your agent will ask you if your house is secured by deadbolt locks, or whether you have an alarm or monitored security system. They’ll also be interested in the number and placement of smoke detectors and carbon monoxide detectors in the house. The amount of credit you get for these safety devices can depend on whether they’re hardwired into the house, or rely solely on batteries to work.
After questions about the house itself, you’ll be asked to make a detailed list of all the valuable items in the house that would be part of a claim if they’re lost or stolen. This would include things like jewelry, fine art, musical instruments, antique furniture, guns, and sports and leisure equipment.