The difficulty with shopping only price is that the buyer is over looks the quality of the product, the quality of its service and the solvency of the insurance company. I am not suggesting that higher priced products are better than lower priced it really isn't that simple
It also becomes a little more complicated when considering risk. Are we talking about an event just striking your home or our we evaluating what would occur in a catastrophe?
The types of coverages you purchase depend on your aversion to risk, your capacity to self insurer, the liklihood of such an event and the cost for the additional coverage (i.e flood higher liability limits, etc)
When it comes to predicting "the past becomes prologue to the future" helps but frankly nothing is certain. I lived in a city that maintained flooding only occurred every hundred years well......you can't be right all the time
The one itemI would really consider if you have a home in TV is full sink hole coverage if it is available and reasonable.
I just renewed my homeowners insurance and opted for full sink hole coverae vs the catastrophic coverage as it is more comprehensive.
good luck shopping
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