Home Insurance Application Questions
Preparing to apply for home insurance can seem overwhelming, especially if you’re a first-time homebuyer or moving to a new property. Having the right information ready before requesting quotes not only speeds up the process but also helps ensure you get the most accurate pricing and appropriate coverage for your needs.
What Information Do You Need Before Requesting a Quote?
Personal Information
When applying for home insurance, we need to understand who will be occupying the property and who is on the title. This affects your coverage needs and is essential for mortgage requirements. Providing accurate information helps ensure your policy is valid when you need it most.
Have these details ready:
- Full names and dates of birth of all homeowners and occupants
- Previous insurance history (policy numbers, insurance companies, effective dates)
- Details of any previous insurance claims
- Mortgage lender information and your lawyer’s contact information
Property Information
The specific details of your home help insurance providers determine its rebuilding value and assess potential risks. You may be able to get some of this information from your realtor or home inspector.
Basic Property Details
- Possession date
- Complete property address
- Year the home was built
- Square footage of the home
Construction Details
- Style and shape of the home
- Exterior materials
- Roofing material and replacement date
- Interior details (bathrooms, basement)
Systems & Safety
- Plumbing system details
- Electrical system information
- Heating and cooling systems
- Loss prevention measures
Pro Tip:
To help collect this information systematically, download our → fillable PDF form designed specifically for gathering the necessary details for your home insurance application.
Factors That Affect Your Home Insurance Premium
Location Considerations
The proximity of your property to a responding fire hall significantly impacts your insurance rates. Properties within city limits, like Regina or Saskatoon, are automatically considered “protected.”
If your property is in a town, on an acreage, or in farmland, you’ll need to know:
- Distance to the nearest responding fire hall
- Whether fire hydrants are nearby
Note: These factors can substantially affect your premium and available coverage options.
Additional Factors That Can Impact Your Quote
How to Compare Home Insurance Quotes Effectively
To find the best coverage for your needs at the most competitive price, follow these steps:
1
Review your current policy
If you have one, identify any gaps or unnecessary coverage
2
Provide identical information
Give the same details to each insurance provider for accurate comparisons
3
Request the same coverage options
Ensure all quotes include identical coverage to compare “apples to apples”
4
Understand what is not covered
Read exclusions carefully to identify potential coverage gaps
5
Ask about additional coverage options
For specific risks in Saskatchewan: overland water protection, sewer backup coverage, service line coverage
Remember: The lowest price isn’t always the best value. Consider the company’s reputation for claims service, coverage breadth, and financial stability.
Common Misconceptions About Home Insurance
Next Steps to Secure Your Home Insurance
Now that you understand what’s involved in obtaining home insurance quotes, you’re better equipped to secure the right coverage for your Saskatchewan home. Here’s what to do next:
Step 1
Gather Information
Collect all necessary details outlined in this guide
Step 2
Contact Our Team
Get personalized assistance with your quote
Step 3
Review Options
Discuss choices with an experienced advisor
Step 4
Select Coverage
Choose the policy that best protects your home
We’re here to help:
Our team specializes in Saskatchewan home insurance and understands the unique challenges and opportunities in our local market. Contact us today to connect with an advisor who can guide you through the process.
Stay Connected With Harvard Western
1.
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2.
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3.
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Last updated:
Posted in Home & Tenant on November 8, 2023 by Harvard Western Insurance
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