Close Menu
Lazy Insure
    Facebook X (Twitter) Instagram
    Trending
    • Does Barclays Travel Insurance Cover Cruises?
    • How to Get Overhead and Profit from Insurance? (Explained)
    • How Much is Scoliosis Surgery with Insurance? (Answered)
    • Stillwater Insurance Review 2024: A Comprehensive Analysis of Customer Feedback and Satisfaction
    • Common Mistakes to Avoid When Buying Travel Insurance (2024)
    • 5 Best Travel Insurance For Business Trips (2024)
    Facebook X (Twitter)
    Lazy Insure
    • Home
    • Types of Insurance
      • Car Insurance
      • Health Insurance
      • Home Insurance
      • Title Insurance
      • Life Insurance
      • Travel Insurance
    • Blog
    • About
    • Sitemap
    Lazy Insure
    Home » 10 Essential Information Required for Obtaining a Home Insurance Quote
    Home Insurance

    10 Essential Information Required for Obtaining a Home Insurance Quote

    Sayan DuttaBy Sayan DuttaAugust 17, 20233 Mins Read
    Obtaining a Home Insurance Quote

    Getting an accurate home insurance quote requires providing your insurance agent or company with detailed information about you, your property, and your specific coverage needs. Having these key details ready can make the quoting process quick and efficient. 

    Here are the 10 most important pieces of information needed to obtain an accurate home insurance quote:

    Information Needed for a Home Insurance Quote

    1. Property Details

    Insurers will need to know the specifics about the home being insured, including:

    • Location/address
    • Living square footage
    • Type of dwelling (single family, condo, townhome, etc.)
    • Construction materials (brick, wood frame, stucco, etc.)
    • Number of stories
    • Age of home
    • Number of bedrooms and bathrooms

    Providing details like these allows insurers to accurately evaluate the risk and value of your dwelling.

    2. Use of Home

    Insurers will ask how you use the property, such as:

    • Primary residence
    • Rental property
    • Secondary/vacation home
    • Farm
    • Home business (if any percentage is used for business)

    Your premiums may vary based on whether it is owner-occupied or a rental.

    3. Coverage Limits Desired

    Decide the amount of dwelling and possessions coverage you need. The dwelling coverage should equal the cost to rebuild your home. Possessions limits depend on the value of your belongings. Liability coverage minimums often start at $100,000.

    4. Deductible Preferences

    The deductible is what you pay out-of-pocket per claim before insurance kicks in. Common options are $500, $1,000 or $2,500. Higher deductibles lower your premiums but increase your upfront costs per claim.

    5. Claims History

    Insurers will ask for any prior claims you’ve filed for home damage or loss, including dates, types of claims, and amounts paid. This provides your full claims history.

    6. Security Features

    Safety features like alarm systems, fire/smoke detectors, and sprinklers may qualify you for policy discounts. Let your insurer know about any such upgrades.

    7. Mortgage Details

    If you have a mortgage, your lender will need to be listed on the policy. Have details like the lender name, loan number, and unpaid balance handy.

    8. Personal Details

    This includes your full name, date of birth, marital status, occupation, and contact info. List all residents in the household. Certain factors like age and occupation can impact premiums.

    9. Prior Insurance Details

    Be ready to provide information on your current or previous home insurance carrier, policy types/limits, and premium amounts. Gaps in coverage may affect your quote.

    10. Desired Policy Start Date

    Let your insurer know when you need coverage to begin. Most policies activate the day after purchase, but you can request a future start date to coincide with a move or other event.

    Preparing these details in advance helps streamline the quoting and application process. Being able to provide accurate information right away allows you to obtain precise home insurance cost estimates. Compare quotes from multiple providers to find the best rates and coverage for your needs.

    Tips for an Efficient and Accurate Quote Process

    Follow these tips for the most effective home insurance quoting experience:

    • Have necessary documents ready – This includes details on prior policies, claims history, property renovations or upgrades, and financing records if applicable.
    • Provide accurate and up-to-date information – An accurate quote depends on correct details about your property and policy needs. Avoid guesses or outdated info.
    • Understand the coverage options – Know the types of perils, limits, deductibles, and add-ons available so you can customize your policy.

    Frequently Asked Questions about Home Insurance Quotes

    Previous ArticleWhat Is A Peril In Insurance? [Explained]
    Next Article What Is 24-Hour Car Insurance? (Everything You Need to Know)
    Avatar for Sayan Dutta
    Sayan Dutta
    • Website

    Hi, my name is Sayan Dutta and I’m the creator of the ReadUs24x7. I am an Electronics and Telecommunication Engineering by qualification & digital marketer by profession. I am a passionate digital marketer, blogger, and engineer. I have knowledge & experience in search engine optimization, digital analytics, google algorithms, and many other things. I have knowledge in WordPress Website Development as well as image designing.

    Related Posts

    How to Provide Housing for Insurance Companies

    How to Provide Housing for Insurance Companies? (Explained)

    August 25, 2024
    How Much Is Insurance On A 4-plex Apartment

    How Much Is Insurance On A 4-plex Apartment?

    August 13, 2024
    How To Get Roofing Leads From Insurance Companies

    How To Get Roofing Leads From Insurance Companies?

    July 11, 2024
    ✔ Reviewed & Fact-Checked

    Lazy Insure adheres to the highest quality standards for our content. We aim to create unique, accurate, and captivating content that avoids ethical concerns or conflicts.


    To learn more, please see our full
    Editorial Policy and Standards Page

    Table of Contents

    Toggle
    • Information Needed for a Home Insurance Quote
      • 1. Property Details
      • 2. Use of Home
      • 3. Coverage Limits Desired
      • 4. Deductible Preferences
      • 5. Claims History
      • 6. Security Features
      • 7. Mortgage Details
      • 8. Personal Details
      • 9. Prior Insurance Details
      • 10. Desired Policy Start Date
    • Tips for an Efficient and Accurate Quote Process
    • Frequently Asked Questions about Home Insurance Quotes

     

     

    DMCA.com Protection Status

    Protected by Copyscape

    Facebook X (Twitter)
    • Privacy Policy
    • Terms and Conditions
    • Contact
    • Sitemap
    Copyright © 2025 Lazy Insure

    Type above and press Enter to search. Press Esc to cancel.