{"id":24835,"date":"2020-11-15T16:48:28","date_gmt":"2020-11-16T00:48:28","guid":{"rendered":"https:\/\/www.freeway.com\/?page_id=24835"},"modified":"2023-11-06T19:12:07","modified_gmt":"2023-11-07T03:12:07","slug":"homeowners-insurance","status":"publish","type":"page","link":"https:\/\/www.freeway.com\/insurance-options\/homeowners-insurance\/","title":{"rendered":"Low-Cost Homeowners Insurance"},"content":{"rendered":"<section class=\"c-section c-section--bottom-0-spacing \" id=\"default-block_6b9fab636c5b4839af8e619428b17c2d\">\n    <div class=\"o-wrapper \">\n        \n                                    <h2 class=\"c-section__title\">Get a Quote for Affordable Home Insurance Today!<\/h2>\n                                    <div class=\"c-section__content c-section__content--small-top-margin\">\n                                            <div class=\"s-cms-content\">\n                    <p style=\"text-align: left\">Freeway Insurance offers competitive rates for homeowners insurance. Our homeowners insurance provides a safety net for you and your family when unfortunate events, such as theft, fire, or flood, happen. Our licensed insurance experts can help you select the right coverage to protect your home and personal property. Your quote will allow you to compare\u00a0<strong>homeowners insurance costs<\/strong>\u00a0across\u00a0<strong>multiple homeowners insurance companies\u00a0<\/strong>to find the policy that best fits your needs and budget.<\/p>\n<p style=\"text-align: left\">Freeway Insurance offers convenient ways to shop for home insurance. You can get a low-cost homeowners insurance quote by calling us at\u00a0<a href=\"tel:800-777-5620\"><strong>800-777-5620<\/strong><\/a>\u00a0or stopping by one of our convenient <a href=\"https:\/\/locations.freeway.com\/\" target=\"_blank\" rel=\"noopener\">offices<\/a> located throughout the U.S.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"c-product-imagen-wp c-product-imagen-wp alignnone wp-image-33997 size-full\" src=\"https:\/\/www.freeway.com\/wp-content\/uploads\/2023\/10\/FWYHINew-1.jpg\" alt=\"Father and son sitting on bedroom flood reading a book together\" width=\"730\" height=\"415\" \/><\/p>\n                <\/div>\n                        \n                                    \n            \n            \n                    <\/div>\n    <\/div>\n<\/section>\n\n<section class=\"c-section c-section--bottom-0-spacing \" id=\"default-block_f6a216213c4bf1bcd0720b838b783007\">\n    <div class=\"o-wrapper \">\n        \n                                    <h2 class=\"c-section__title\">How Much Can I Save with Home Insurance?<\/h2>\n                                    <div class=\"c-section__content c-section__content--small-top-margin\">\n                        \n                            <div class=\"c-sections__list-column \">\n                    <p style=\"text-align: left\">At Freeway Insurance, we\u2019re all about finding ways to make your homeowners insurance effective, yet affordable. Here are some tips to making your home insurance premium lower, including:<\/p>\n<ul style=\"text-align: left\">\n<li><strong>Bundling <\/strong>\u2013 Bundle your home insurance with other policies, such as <a href=\"https:\/\/www.freeway.com\/auto-insurance\/\">auto insurance<\/a>.<\/li>\n<li><strong>Choose a higher deductible<\/strong> \u2013 Your insurance company may reward you if you make their costs less.<\/li>\n<li><strong>Home Security System<\/strong> \u2013 On average, installing monitored safety and security devices in your home can reduce your homeowner\u2019s insurance.<\/li>\n<li><strong>Administrative costs<\/strong> \u2013 Save your insurance company some administrative fees by paying your annual premium up front or choosing auto pay.<\/li>\n<\/ul>\n<p style=\"text-align: left\">These are just a few of the ways you may be able to save money on your policy. Check with your insurance agent.<\/p>\n<p>&nbsp;<\/p>\n                <\/div>\n                                    \n            \n            \n                    <\/div>\n    <\/div>\n<\/section>\n\n<section class=\"c-section c-section--light-blue\" id=\"image-with-text-block_bbb54492b3d4d62e537de0bfb1836649\">\n    <div class=\"o-wrapper\">\n        <div class=\"c-media-block \">\n            \n                                    <h2 class=\"c-media-block__title c-section__title c-section__title--black \">What is the Average Cost of Homeowners Insurance?\n                                            <\/h2>\n                                \n                                                <picture class=\"c-media-block__img c-media-block__img--circle o-crop o-crop--fill\">\n                <!--<source srcset=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-srcset=\"images\/components\/about\/about1.webp, images\/components\/about\/about1.webp 2x\" type=\"image\/webp\">-->\n                                                <img decoding=\"async\" loading=\"lazy\" class=\"o-crop__content o-crop__content--center\" src=\"https:\/\/www.freeway.com\/wp-content\/uploads\/2022\/03\/Rectangle-2.jpg\" alt=\"Home insurance\">\n            <\/picture>\n            <div class=\"c-media-block__content\">\n                <div class=\"s-cms-content\">\n                    <p>The national average in 2021 is $1,312 <a href=\"https:\/\/www.msn.com\/en-us\/money\/personalfinance\/average-cost-of-homeowners-insurance-in-october-2021\/ar-BBWBeDN\" target=\"_blank\" rel=\"noopener\">annually<\/a>. This amount is based on $250,000 in coverage. Just like with all types of insurance, the cost can vary widely based on factors such as:<\/p>\n                <\/div>\n                                    <div class=\"c-sections__list-column\">\n                        <p>The national average in 2023 is $1,820. This amount is based on $300,000 in dwelling coverage. Just like with all types of insurance, the cost can vary widely based on factors such as:<\/p>\n<ul>\n<li>Home State<\/li>\n<li><a href=\"https:\/\/www.freeway.com\/knowledge-center\/glossary-homeowners-insurance\"><strong>Market Value<\/strong><\/a><\/li>\n<li>Home Composition<\/li>\n<\/ul>\n<p>It\u2019s not always possible, but when purchasing or building a home, choosing building materials that will insure at a lower premium can help save you some money and grief if they are more likely to withstand disastrous events.<\/p>\n                    <\/div>\n                                            <\/div>\n                            <div class=\"c-media-block__button\">\n                    <a class=\"c-button c-button--orange c-button--text-big\" href=\"https:\/\/www.freeway.com\/homeowner-insurance-quote-form\/\">\n                                                                                        Get Started                                            <\/a>\n                <\/div>\n                    <\/div>\n    <\/div>\n<\/section>\n\n<section class=\"c-section c-section--bottom-0-spacing \" id=\"default-block_7062cd3beac09f79b526d02c6c7c9035\">\n    <div class=\"o-wrapper \">\n        \n                                    <h2 class=\"c-section__title\">What Type of Home Insurance Do I Need?<\/h2>\n                                    <div class=\"c-section__content c-section__content--small-top-margin\">\n                                            <div class=\"s-cms-content\">\n                    <p style=\"text-align: left\">Just as homes come in many shapes and sizes, home insurance comes in different types geared towards providing the appropriate coverage for the need. These policies include \u201cnamed perils\u201d and \u201copen perils\u201d.<\/p>\n<p style=\"text-align: left\">A policy with named perils covers what is named in the policy, for example, fire or lightning if it is listed. A policy with open perils covers every type of damage, except what is listed as an exclusion. For example, if your roof is damaged in a hailstorm, your repairs should be covered as long as hail is not listed as an exclusion in your policy.<\/p>\n<p style=\"text-align: left\">The majority of policies sold in the U.S. are HO-3 and protect your home against all perils, unless they are specifically listed. Some items that may not be covered in an HO-3 policy include earthquakes and flooding. Those who live in flood-prone areas are encouraged to buy flood insurance through the government.<\/p>\n                <\/div>\n                        \n                                    \n            \n                            <br>\n                <div class=\"c-button__container c-button__container--centered\">\n                    <a class=\"c-button c-button c-button--linear-blue\" href=\"https:\/\/www.freeway.com\/knowledge-center\/homeowners-insurance\/faq-homeowners-insurance\/\">\n                        <span>Home FAQ<\/span>\n                    <\/a>\n                <\/div>\n            \n                    <\/div>\n    <\/div>\n<\/section>\n\n<section class=\"c-section c-section--bottom-0-spacing \" id=\"default-block_9c3886f5eb703e0c2d2dbc8fb7f6189a\">\n    <div class=\"o-wrapper \">\n        \n                                    <h2 class=\"c-section__title\">8 Types of Home Insurance<\/h2>\n                                    <div class=\"c-section__content c-section__content--small-top-margin\">\n                        \n                            <div class=\"c-sections__list-column \">\n                    <ul>\n<li style=\"text-align: left\">HO-1: An HO-1 is cheaper than HO-3, and typically will only pay out the value of the house minus depreciation. This also has no coverage for your personal property.<\/li>\n<li style=\"text-align: left\">HO-2: Slightly broader than an HO-1, an HO-2 includes coverage for more perils, as well as the actual cash value of your personal property (value minus depreciation), liability and loss of use.<\/li>\n<li style=\"text-align: left\">HO-3: It covers all perils unless they are listed as an exclusion, plus personal belongings, liability and loss of use. This is the most popular option.<\/li>\n<li style=\"text-align: left\">HO-4: This is coverage for those who rent their home or a storage unit. It covers your personal belongings inside the home or the storage unit for the same perils as the Ho-3. It does not cover for the actual structure.<\/li>\n<li style=\"text-align: left\">HO-5: An HO-5 pays for the replacement costs rather than the actual cash value, which means you can go out and buy a brand new similar laptop rather than receive the amount your laptop would be worth after you\u2019ve owned it for two years.<\/li>\n<li style=\"text-align: left\">HO-6: Condo insurance that covers damage to renovations you\u2019ve made to your condo, the walls, floors and ceilings, personal property, loss of use and liability.<\/li>\n<li style=\"text-align: left\">HO-7: Mobile and manufactured home insurance similar to an HO-3 in that it covers damage from all perils unless they are listed as an exclusion.<\/li>\n<li style=\"text-align: left\">HO-8: Typically reserved for homes built more than 40 years ago that will be more expensive to rebuild in the event of a total loss than they are worth on the market.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"c-product-imagen-wp c-product-imagen-wp alignnone wp-image-33997 size-full\" src=\"https:\/\/www.freeway.com\/wp-content\/uploads\/2023\/11\/Rectangle-3-1.webp\" alt=\"Family home insurance\" width=\"760\" height=\"380\" \/><\/p>\n                <\/div>\n                                    \n            \n            \n                    <\/div>\n    <\/div>\n<\/section>\n\n<section class=\"c-section c-section--bottom-0-spacing \" id=\"default-block_cf7f1619606a306e661f408d058b066e\">\n    <div class=\"o-wrapper \">\n        \n                                    <h2 class=\"c-section__title\">Ways to Save Money on Your Home Insurance<\/h2>\n                                    <div class=\"c-section__content c-section__content--small-top-margin\">\n                                            <div class=\"s-cms-content\">\n                    <p style=\"text-align: left\">It\u2019s always nice to feel like you\u2019ve saved some money and there are certain ways you can save on your home coverage. Taking the time to shop carefully for the right policy and taking advantage of certain discounts are two ways to save.<\/p>\n<h3 style=\"text-align: left\">Shop and Compare Multiple Insurance Companies<\/h3>\n<p style=\"text-align: left\">Take the time to compare any choices you do have with insurance companies. You may be losing your familiar carrier, but there may still be options. Don\u2019t jump on the first ship you see as a lifesaver. Take a little bit of time to compare so you can make sure you\u2019ll have the coverage you need.<\/p>\n<h3 style=\"text-align: left\">Consider Bundling with Other Insurance Products<\/h3>\n<p style=\"text-align: left\">Show your loyalty to your insurer by trusting them with <strong><a href=\"https:\/\/www.freeway.com\/auto-insurance\/discounts\/multi-policy-discounts\/\">multiple policies<\/a>.<\/strong> Not only will you conceivably get a better rate, you demonstrate trust in your carrier. You can also be proactive by making your entire premium payment up front so your insurer knows you won\u2019t be leaving them mid-year for another company.<\/p>\n                <\/div>\n                        \n                                    \n            \n            \n                    <\/div>\n    <\/div>\n<\/section>\n\n\n<section class=\"c-contact-channels\">\n        <div class=\"o-wrapper \">\n        <div class=\"c-contact-channels__content\">\n            <h2 class=\"c-contact-channels__title\">Contact Freeway Insurance Today for Affordable Homeowners Insurance Coverage<\/h2>\n                            <div class=\"c-contact-channels__text\"><p>For many people, acquiring\u00a0<em>homeowners<\/em>\u00a0<em>insurance<\/em>\u00a0is a mandate set forth by their lender, but everybody needs to protect what is most likely their largest-ever purchase and investment. Getting insured by the experts at Freeway Insurance is easy. Start your free homeowners\u2019 insurance quote by calling us at\u00a0<a href=\"tel:800-777-5620\"><strong>800-777-5620<\/strong><\/a>, or at one of our\u00a0<a href=\"https:\/\/locations.freeway.com\/\" target=\"_blank\" rel=\"noopener\"><strong>offices near you<\/strong><\/a>.<\/p>\n<\/div>\n                        <div class=\"c-contact-channels__channel\">\n                            <\/div>\n        <\/div>\n    <\/div>\n\n<\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":24460,"menu_order":7,"comment_status":"closed","ping_status":"closed","template":"template-parts\/products.php","meta":{"footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/pages\/24835"}],"collection":[{"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/comments?post=24835"}],"version-history":[{"count":78,"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/pages\/24835\/revisions"}],"predecessor-version":[{"id":47203,"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/pages\/24835\/revisions\/47203"}],"up":[{"embeddable":true,"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/pages\/24460"}],"wp:attachment":[{"href":"https:\/\/www.freeway.com\/wp-json\/wp\/v2\/media?parent=24835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}