{"id":93,"date":"2020-08-31T04:00:00","date_gmt":"2020-08-31T10:00:00","guid":{"rendered":"https:\/\/www.anchorins.com\/blog\/?p=93"},"modified":"2020-09-01T07:37:29","modified_gmt":"2020-09-01T13:37:29","slug":"three-common-misconceptions-people-have-about-home-insurance","status":"publish","type":"post","link":"https:\/\/www.anchorins.com\/blog\/three-common-misconceptions-people-have-about-home-insurance\/","title":{"rendered":"Three common misconceptions people have about home insurance"},"content":{"rendered":"

It’s important to be well informed if you want to choose the best home insurance option for your situation. Unfortunately, some homeowners have misconceptions about home insurance that could hurt them down the road.<\/p>\n

At Anchor Insurance Agency LLP, we provide home insurance in Plymouth, MN. The following are three common misconceptions people should be aware of when it comes to home insurance.<\/p>\n

Every belonging within the home of the policyholder is covered.<\/h2>\n

There are coverage limits on a home insurance policy that you need to be aware of. Home insurance will only provide coverage up to these limits. You can’t assume that home insurance will cover all expenses when it comes to lost or damaged possessions.<\/p>\n

Home insurance coverage is especially likely to be inadequate to cover possessions within a home for a homeowner who keeps particularly valuable items like collector’s items in their home. If you have high value items in your home, you may want to invest in added coverage. <\/p>\n

Coverage for flood damage is included in a standard home insurance policy.<\/h2>\n

This is one of the most common misconceptions that can really cost you. You should know that home insurance policy doesn’t automatically include flood coverage. You have to invest in a flood insurance policy to enjoy insurance coverage for flood damage. <\/p>\n

Filing a claim means that your premium will go up.<\/h2>\n

You shouldn’t hesitate to file a claim when you are eligible to do so. Your premium may not be affected at all by a claim. Your premium shouldn’t go up unless you’ve filed multiple claims in a relatively short period of time. <\/p>\n

You have home insurance so that you can use it. This means that you should file a claim when you are eligible to do so.<\/p>\n

If you know that these are misconceptions rather than facts, you’ll be better able to find the right home insurance for your Plymouth, MN home. Contact us at Anchor Insurance Agency LLP to learn more. <\/p>\n","protected":false},"excerpt":{"rendered":"

It’s important to be well informed if you want to choose the best home insurance option for your situation. Unfortunately, some homeowners have misconceptions about home insurance that could hurt them down the road. At Anchor Insurance Agency LLP, we provide home insurance in Plymouth, MN. The following are three common misconceptions people should be […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6,5],"class_list":["post-93","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-anchor-insurance-agency-llp","tag-plymouth-mn"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t