When buyers are ready to purchase a new home, their lender will require proof of insurance at closing. This is the perfect time to shop at least 3 different companies to compare policies and costs.  Most of the time, customers will get the best rates when they bundle their auto and home insurance together.  I also encourage my clients to look into “Umbrella” policies which provide additional coverage for very little money (usually $1,000,000 policies).  Also, take time to review insurance company reviews, what good is a cheap policy if the company you work with refuses to pay or is very difficult to work with?  Lastly, many insurance companies act like our cable providers and reward customer loyalty by jacking up their prices higher than new customers pay! So it makes sense to review your insurance company and costs annually.

Clark Howard Post of Insurance Ratings