Ohio Homeowners Insurance: Should You Change Insurance Companies


It is easy to get complacent about something such as Ohio homeowners insurance. If you never have to use it for a claim and it gets paid through your escrow account, it is very easy to forget about. This could be costly in the long run. Staying with the same homeowners insurance company may be easy, but it may not always be the best option.

It also is not always the best option to change insurance companies, but you will never know unless you shop around. If you take a little bit of time now to review your current situation, you can save you quite a bit of money on your Ohio homeowners insurance in the future.


Is Loyalty Rewarded?

You may think that by staying with one  insurance company, you will be rewarded with loyalty or good customer discounts. That is not absolutely the case. Some companies may give you discounts if you stay with them for a period of 3 to 5 years, but others may not.

It is a good idea, before choosing your homeowners insurance provider, to see if there are loyalty discounts. Also, once you reach the benchmark, you should make sure that you are credited with the discount. Sometimes, you may have to nudge the insurance provider a little to make sure they give you the discount.


Is It Better to Be a New Customer or an Old Customer?

Being a new customer can have its advantages. Insurance companies like to build their business through new customers and, as such, will offer introductory rates and benefits that may not be available to current customers. This is why many feel it is better to be a new customer.

However, you also have plenty of leverage as an old customer. Insurance companies do not like to lose old customers. If there is an introductory offer that you would like to be a part of from your current insurance, see if they will give it to you. If you threaten to leave or look around for new insurance, there is a good chance your current insurance company will offer you the introductory offer or attempt to make things more hospitable to you.


How to Compare Insurance Companies

When shopping around for the best homeowners insurance, you need to know how to determine which company is the best for you. Here are a few things to keep in mind as you shop.


  • Claims-paid-out percentage
  • Customer service history
  • Discounts offered
  • Financial stability ratings
  • How you have been treated
  • Policy types
  • Rates


By measuring companies by the above criteria, you will be better able to determine which company is better for you. You may find out that it is your current homeowners insurance provider, which makes things easier. The key, though, is that you shop around, because in many cases, you may do much better by switching companies or at least putting pressure on your current provider for more discounts.


Getting Quotes to Compare Insurance Companies

You cannot do a full comparison of Ohio homeowners insurance companies without getting rate quotes to see which company is willing to offer you the best rate. This can most easily be done online. In only 15 minutes or so you can gather multiple homeowners insurance rate quotes from some of the most reputable homeowners insurance companies in Ohio.

If you truly want to save money and make sure you are getting the best deal possible, take the few minutes to get Ohio homeowners insurance rate quotes. You will not be sorry.

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