From the time you were a little kid, you probably dreamed of owning a home on the lake. Jet skis, fishing, boat rides, and late night bonfires… A lake home could turn all of these things into regular weekend activities! The older you got, the more you realized that your own kids would love to experience these things too. You’ve been saving, dreaming, and saving some more and you finally have built up enough extra funds for your lake home! That was the most important step, but now what? Before thinking of what type of boat to buy or what size TV to put in the living room, consider how you’re going to protect that lake home that you worked so hard for. We’re here to break it down for you and help you learn how to find the best lake home insurance in Ohio.
What’s it going to cost?
First of all, you’ll want to make sure that your lake home and all of the contents inside of your lake home are protected under whatever insurance policy you decide to purchase. Those beautiful floor-to-ceiling windows won’t do much good if they’re broken in a storm, just like your beautiful hardwood floors won’t look very beautiful if your lake home experiences flooding. You want to make sure you protect the home that you invested your time and money into.
Insurance for lake homes can sometimes be more expensive than a typical insurance policy for multiple reasons. Because you most likely are using your lake home as a seasonal property that you visit but do not permanently live in, this means that more damages may occur and not be reported as quickly, because of the fact that you might not be aware of them until the next time you visit your property. Lake properties are also sometimes more secluded than your average home, which means that things like theft and vandalism could happen more easily with no one around watching. If your home is right on the lake, it can be more susceptible to flooding and the damages that come along with flooding, which is yet another aspect that adds to an increased price in insurance for your lake home. These are all very important factors to consider when you begin to look into how to find the best lake home insurance for your new purchase.
Prices will range depending on which insurance company you go with. You want to make sure you’re getting the best deal and not paying a huge amount of money for insurance, especially if you could be paying a lot less at another insurance agency. Along with that, some agents are more familiar with lake home policies than others. You want an agent that knows what you need in terms of coverage and can get you that specific coverage that you need. You also want someone who knows how to properly handle situations and issues with your lake home. The main idea is that you want to make sure you’re in good hands.
Go with what you know and trust
While it is important to shop around and get the best pricing and coverage, you also want to make sure that the agency or agent that you go with is trustworthy. Think about adding your lake home insurance coverage on with your current insurance policy, after you have shopped around, of course. You want to be able to trust your agent with your lake home, especially because lake homes are not cheap. Another step that you could take to ensure that the agency that you go with is trustworthy could be to ask around and see what coverage other lake homeowners at your lake have. Asking around will give you real and honest testimonies about different agents or agencies and this can be extremely helpful when you begin to consider how to find the best lake home insurance.
Don’t forget the boat!
It’s important that you are fully aware of what your policy covers. We say this because some people don’t realize that their policy doesn’t cover things like boats and ATV’s. Many people that own lake homes also have additional “toys” and it’s important to make sure that those are covered as well. You don’t want to get into a boating accident and have the repairs be so expensive that you aren’t able to have a boat for the rest of the summer. Make sure you protect the things that bring you, your family, and your friends so much joy.
Let us help you out today
If you’re reading this article thinking, “I DO want a trustworthy agency that knows what they’re doing and can guide me through insuring my lake home,” then you’re in luck! Here at Cobos Insurance, we care about each of our clients, and we work hard to make sure that they are happy with every aspect of their policy. We also want to make sure that our clients know what their coverage includes and are knowledgeable about the type of policy that they choose. Click here to learn more about how we can help you along your lake home insurance journey.
Now you’re on your way!
There you have it folks… you now know more about how to find the best lake home insurance. It’s important that you do further research and talk to a trusted agent today, but we’re glad we could get you started and give you a basic understanding of how to find the best lake home insurance! Contact us today with any other questions you may have regarding insurance in Ohio!