3. The Security of your Area
How secure is your area? Do you have to put some sirens and wardens to protect you? How often do you hear gunshots? How often are the houses broken into? I mean, how secure is your place?
There are regions where burglary and theft are a normal thing. If your home is located in such regions, my friend, be sure the insurance company will require you to pay higher premiums.
Unfortunately, some affordable home insurance companies may shun insuring homes in such insecure places. But why is that? Well, every week, they will have to be paying you for the stolen or damaged properties.
It becomes even worse if your property is valuable and expensive, yet it is located in insecure places. Then, you will be paying very high premiums if at all you are lucky to find an insurance company willing to insure your home.
However, if your home is in a very secure place, you can be sure you will get very affordable home insurance after conducting brief research. So, have it in mind that the security of your home area is crucial.