The Top 3 Mistakes That Homeowners Make When Purchasing Home Insurance

Purchasing insurance for your home is no piece of cake. It can be difficult to find the right insurance agency, pick the right plan, and feel confident about the coverage that you have. In fact, many people make devastating errors when it comes to choosing a plan.

Fortunately, you can learn from these mistakes and make better choices for yourself and your family. Here are the top mistakes that many homeowners make when purchasing home insurance:

#1 Assuming flood insurance is included

Flood insurance is not a standard part of any home insurance plan. But floods can happen nearly anywhere. Make sure you’re covered by  adding a flood insurance plan to your coverage.

#2 Assuming you have one deductible at a flat rate

In some cases, a flat rate deductible is exactly what you’ll have to pay before the insurance plan you’ve purchased will kick in. But in other, more complicated situations, your deductible may become a percentage of the coverage that you have. This means that you might end up paying a lot more than you originally thought after an accident and serious damage.

#3 Not purchasing enough insurance

Finally, it’s common for people to not realize that they need quite a bit of insurance to cover all their bases as homeowners. A recent study found that more than two-thirds of homes are underinsured, and this can lead to devastating financial losses if an accident occurs.

Get in Touch With Us at San Marcos Insurance Group

We know that searching for the perfect home insurance plan in Chandler, AZ can be a challenge, and we want to help. If you are a Chandler, AZ resident, we can help you find a plan that works for you and your family and meets all of your unique needs. Call San Marcos Insurance Group at your earliest convenience to learn more about your home insurance coverage options.

Can I Insure Just My Kids on a Health Insurance Policy?

At San Marcos Insurance Group, we are often asked about health insurance policies. Many people in the Chandler, AZ area wonder if they can insure just their kids under a policy, or if they have to insure themselves as well under that same policy. Here is some information you should know if you have this question.

If you are looking to only insure your child, it has gotten hard to find child only health insurance policies since Obamacare came to pass. This is because everyone is required to carry health insurance now, so theoretically, your child should be covered under the same plan that you are. However, this is not always the case. If you are looking for a child only policy, they are still available, but fewer insurers are offering them. As such, you may need to spend more time looking for them than you used to. You may also have to show that you are enrolled in a health insurance plan in order to enroll your children in a different plan. Also keep in mind that your children may be eligible for state run insurance, so be sure to look into that if you are looking for health insurance for just your children.

If you are looking to purchase a health insurance policy in the greater Chandler, AZ area, call San Marcos Insurance Group. We are an insurance brokerage firm who can help you with a wide array of insurance policies, including health insurance. We can help you find the right insurance policy for just your kids, for yourself or for your entire family. Give us a call today to get started and get the health coverage that is needed for your household.