It is also important to note that price should not be the only factor used in determining which policy to purchase. The premiums listed in this survey are based upon a common HO-3 policy form that covers the building against all risks. That is, the insurance company will pay the exact costs to replace the contents, subject to the terms and conditions of the policy. That is, the insurance company will pay the exact costs to replace the contents, subject to the terms and conditions of the policy. You may want to ask your company or agent about higher deductibles.
Several companies offer premium dividends which reduce the price of insurance.
We hope this guide will assist you in shopping for the coverage you desire.