Home Insurance Quotes
Learn what factors impact your Homeowners Insurance quote.
- Your current policy (if you have one)
- Home purchase date
- Approximate year your home was built
- Approximate total living area (sq. ft.)
- Roof material type and approximate age of roof
- Foundation type
- Material on outside walls
- Any home safety devices you have (fire extinguishers, smoke alarms, dead bolts, etc.)
- Your Home's Age & Condition: Homeowners insurance quotes from Liberty Mutual are designed to capture the current value of your home based on the information you provide, including building materials and the condition of key components such as the roof, furnace, electrical and plumbing systems. If you have an older home, the materials used to build it may now be unavailable or more expensive to replace.
- Your Home's Replacement Value: A key factor that affects home insurance rates is the estimated cost of replacing your house. Not the current tax assessment or market value of your home, but the actual cost to rebuild the structure of your home. So for example, if your home was knocked over in a storm – how much would it cost to rebuild it? That's the replacement value. And not only are materials and labor taken into account, but so is inflation and availability of materials.
- Your Address: Where you live will influence your home insurance quote. Certain areas that are more heavily affected by weather and other factors tend to produce more claims, causing home insurance rates to be higher. This means that you may pay higher premiums if, for example, you live near a large body of water, or in a neighborhood prone to brush fires or mud slides. Repair and construction costs also vary by region, which is another factor in your home insurance quote.
- Safety and Security: Having dead bolt locks, a burglar alarm, smoke detectors and other home safety features will all help you save money on your home insurance quote.