The bones of homeowners’ insurance policies are similar, but the companies vary widely. You should consider the company that you’re buying the policy from, more than the policy itself. Some companies offer more bells and whistles and benefits. You need to consider the financial strength of the company. Does it have a reputation for paying promptly? Also, what are the policy benefits and coverage limits?
We never recommend shopping on price. At the same time, one benefit of working with City Building Owners Insurance is that we do the comparison shopping for you. We only work with companies that are A rated. More importantly, we help match the company to the customer. We educate our clients, so they’re part of the solution and understand what they’re buying.
Think of an insurance policy like a pair of shoes: If you’re a size 7, would you buy a size 11, just because it’s on clearance? It may be cheaper, but it won’t fit right.