At CO Insurance Specialist, we can provide home insurance coverage to those in Wheat Ridge, CO. Meet your insurance needs in Colorado by contacting us today.

Unfortunately, there are a lot of consumers out there who believe certain myths about home insurance coverage. Here are three of the most common myths out here when it comes to home insurance. 

You’ll face a higher premium if you have to file a claim on your home insurance policy.

Home insurance providers shouldn’t increase your premium because you have to file one claim.

Too many insurance policyholders are reluctant to file a claim because they’re worried that claims will push up their premiums. Fortunately, this is not typically the case. 

Your home insurance policy will cover the full amount of the worth of your valuables. 

A standard home insurance policy includes limits on personal property coverage. If you have especially expensive valuables in your home, you should consider adding more personal property coverage to your home insurance policy. 

You’re not required to carry home insurance.

Indeed, you may not be required by law to carry home insurance. However, most homeowners are required by their mortgage lenders to carry home insurance.

If you borrow money to buy a home and drop your home insurance, you’ll probably face problems from your mortgage lender. That’s why it’s required for most homeowners to carry insurance. 

Being well-informed is essential to meet your home insurance needs adequately. We can provide you with the information you need at CO Insurance Specialist. When you’re ready for a policy quote, call or email us for details on our insurance offerings.