GEICO homeowners' insurance reviews are a crucial part of your decision-making. Understanding what coverage is covered and what discounts are available to you is essential. It also helps to know how much a policy costs so you can compare it with other companies.
Homeowners Insurance is a type of property insurance that covers your home's structure, other structures associated with it and your personal belongings. It covers things like theft, fire and damage from water or other natural catastrophes.
Most policies provide these coverages, although the specifics may vary depending on the insurer.
Mortgage protection. In the event that you're unable pay your mortgage as a result of damage to your property, this coverage might cover your remaining loan balance or other financial obligations. This coverage may not be available with all home insurance providers, but is worth checking when shopping for new policies.
Identity theft protection: Protects your privacy, personal information and identity by preventing and restoring information that has been stolen. This coverage includes identity theft notifications and credit profile tracking. It also offers lost wallet assistance, online data protection software, and notification of identity theft.
Earthquake insurance can help you cover the cost to rebuild or repair your home if you live in an area prone earthquakes. This is an optional coverage that you can add to your policy through Geico.
Guest medical: If a visitor to your home becomes injured on your property, this coverage can pay for the necessary hospital stays and other medical expenses. This coverage doesn't cover injuries or illnesses caused by people who live in your home or listed on your policy, though.
Condo insurance: If you own a condo or co-op, this coverage can provide peace of mind and protect your financial assets. It provides coverage where your condo association's master policy stops.
This insurance also includes flood insurance which is a great addition to any home insurance plan.
Geico provides online tools for obtaining a quote on home insurance. They also have customer service agents available 24 hours a day to assist.
Geico's home insurance policies are relatively inexpensive, though the exact cost depends on your personal situation. This is because Geico doesn't underwrite its own policies but instead matches customers with one of 31 partner companies that write home insurance.
GEICO will pay you promptly if you ever need to make a claim. They have a great claims process. Financial strength is given an A++ by professional agencies, and customers rate the company highly for their satisfaction with claims.
Also, you should consider bundling your Geico auto insurance with home insurance in order to receive a discount. This can often save you a substantial amount of money.