How much money do you think the average American homeowner pays to his or her home insurance company each year? According to a recent study, the average U.S. homeowner spends about 2% of their yearly income on home insurance. When you consider the fact that the typical homeowner makes more than $12,000 in mortgages payments annually, does that seem like it’s enough?
Well, that all depends on how much value a homeowner gets from their home insurance policies. Unfortunately, statistics indicated that too few folks seem to get much value from their homeowners insurance. Despite the fact that more than 90% of all American homes are insured, about 55% of them are under-insured.
Given the fact that paying homeowners insurance costs can protect what is very likely the biggest investment that you will ever make in your life, why do so many homeowners refuse to seek out an affordable home insurance policy? Apparently, they have so little hope of finding home owner insurance quotes they can afford that they don’t even bother. However, it is fairly easy to find a home owner insurance company that will offer cheap online insurance quotes.
Shopping around online for cheap home owners insurance is not only easy, but it makes it possible for any homeowner to have excellent coverage for far less than the average cost of homeowners insurance. In the event that a fire or other disaster occurs, this allows homeowner to sleep easier knowing that they will not be left without a home or possessions for very long.
If you own a home and have given up on finding a home owner insurance company that offers affordable insurance for your home, you need to rethink your position. Because it is easier than ever to go online and find quality homeowners insurance that almost any homeowner can afford.
Refernce materials: Kansas city homeowners insurance