Contact Us

Use the form on the right to contact us.

You can edit the text in this area, and change where the contact form on the right submits to, by entering edit mode using the modes on the bottom right. 

414 26th St W
Bradenton, FL, 34205
United State

9417477283

Manatee Insurance Services, Inc. have been working locally with Floridians to save money and time insuring all major properties including Autos, Homes, Motorcycles, and Boats for over 35 plus years! Come save money and time finding the right insurance all under one roof. Lets get saving Florida! Contact us for a second look on what you will save.

Blog

Home Insurance—Tips To Make Quotes’ Evaluation Easy

Matthew Smith

Home Insurance Quotes

Comparing home insurance quotes is a daunting task, especially when you find out that there are significant gaps between different policies. What you’re paying is, of course, important for your budget, but your primary focus should be getting the right coverage that best fits your insurance needs.

Here are certain tips that can make comparing different quotes easy:

Be consistent

It is really important to be consistent with the polices you are comparing. Try to get the same policy limit, coverage and deductible amounts from different insurance companies. It is going to be challenging, it will make comparison really easy.

To do this, you must first assess your own needs. You must have an idea of the value of your property and valuable contents in it. This is will tell you how much coverage you will need in the worst-case scenario. The deductible amount should be something you could easily pay with your income.

Don’t just compare premiums

There are lots of options to pay premiums. Some companies may allow you to pay premiums in monthly installments and some in semi-annual installments.  The premiums will also differ from company to company, based on the discounts they are offering.

However, never settle for the easiest premium plan. In fact, it should be the last factor in committing to a policy. A company may be offering you a very low premium, but its policy might have more exclusions than the other. Go through the policies thoroughly and see which ones have the just the right amount coverage.

Actual Value vs. Replacement cost

When comparing the coverage, pay special attention to whether the policy is offering actual value or replacement cost. This can make thousands of dollars’ difference at the time of claim.

Actual value is the purchase price of the house and the items in it, minus the depreciation. Whereas, replacement cost is repair cost of the house to restore it back to its previous state.

You should go for actual value when you have a new house and mortgage. However, you should opt for replacement cost when the mortgage is paid off and the house is several years old.

Check the insurance company’s rating

This is an extra precautionary step that you must take when comparing insurance quotes. An “A” rated insurance company means that it is creditworthy and has a history of paying off claims successfully.

It also means that this company is not likely to face a financial failure and will not shut down when you go to file a claim.

Now it all comes down to actually getting the quotes. The best way is to call us now on 941-747-7283 for Home Insurance in Bradenton, FL. We can get you instant quotes for your home insurance from some of the top insurance companies of the world. We can also guide on your insurance needs and the amount of coverage that you require.