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  • Writer's pictureAmanda Bird

Finding the Right Home and Contents Insurance Part 2

This is the second part of a two-part article. Make sure to read the first one before reading the following.

Now that we have discussed the basic coverage of home insurance, it is important to learn how to lower your premium costs, so you do not overpay. It is also necessary to understand how to document damage and accidents for claims.

How to Lower Insurance Premiums

Insurance premiums can be lowered in a variety of ways. Some of them are opting for better coverage, adding more of your belongings to the home, ensuring you have the right insurance and more.

When comparing home insurance companies, compare several at once. This will ensure you are getting the best deal on your premiums. You can also add more valuables to your policy. Doing this is called liability coverage, and it will help lower your premiums. You should ensure you have the highest liability coverage you can afford for your insurance.

Comparing home insurance rates is important because the rates can change over time. The locations where you live can also vary, which will change the price of your home insurance premiums.

How to Document Damage for Insurance Claims

There are a few methods for documenting damage for insurance claims. The first way is to take pictures of the damaged area. This will allow you to submit your claims with proof. The photos are also helpful in making sure your house is being repaired properly.

The other method is to have an adjuster come to your house to document the damage. Having the adjuster inspect your house is an excellent option as you will have an actual witness to the damage.

When documenting the damage you experienced for insurance claims, get every detail that you can. Having everything documented and available upon the insurance company's request will make it easier for you to get your claims through.

It is also important that before any accident or damage occurs, you have thoroughly read your contract, including the entirety of the fine print. When you submit claims, you can include your report and cite parts of the insurance agreement to prove that you are well-aware of your coverage and rights.

When you are also renewing your insurance, try to document your home to have evidence of what it looked like before damage. This will allow you to back up all of your claims with proof, making it more convenient.

Talk to Your Insurance Company

If you have any further questions, it is always best to talk to your insurance company. Ask them about all the details you want to, such as the coverage, any promos they may have and other optional coverages that you can add on. It is best to always be transparent with them about your budget and what kind of coverage you are searching for so that they can provide you with your best options. Feel free to reach out to them if you have any clarifications so that when the time comes that you need to file for claims, you know what to do.


Hopefully, this post has shown you the basics of home insurance and how it works. If you are at a point in life where you need to buy a home and need to get insurance, it is a good idea to start understanding how it works. Also, if you are looking to save money on your home insurance, make sure you talk to your current insurance company to see if they have any promos or ideas to help.

If you need an insurance specialist, you can work with New Wave Insurance. We will be glad to help you find the perfect insurance for your needs and within your budget, all on the Gold Coast! Get in touch with us to get started on your new insurance plan.

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