The state of Kansas is abundant with peaceful rural living options. The warm weather and welcoming environment make it a great place to settle down and raise a family. That said, disaster can strike a home at any moment. Though this is something nobody wants to think about, the truth is that tornadoes and other natural disasters can happen at any time in Kansas.
Keep this in mind if you plan to move to Kansas. The number of storms and other natural disasters may result in a higher insurance rate. Thankfully, there are a number of options for Kansas residents as well as newcomers. If possible, educate yourself on how expensive the premiums will be before buying any new property in the state. However if you've already purchased a home in Kansas, you still have a number of options available.
Comparing Kansas Home Insurance Rates
Here are a few things to consider when making a decision about insurance in Kansas.
- The amount of coverage you want vs. how much you can afford
- Any previous damages to the home
- How far the residence is from a fire department or fire hydrant
- How many valuables are in the home
- Existence of safety or fire-prevention devices in the dwelling
Being aware of these things before obtaining insurance can save you and your insurance agent a lot of time. Your income needs to be considered when deciding how much to pay for a deductible. Your deductible is essentially how much you're willing to pay out of pocket in the event of a claim. If you feel that you won't be able to afford a high premium, then go with a high deductible. A high deductible is also a good idea if disasters are unlikely and your home is equipped with adequate safety precautions.
Your insurance will be higher if you've made claims before. It will be even higher if your insurance provider responded to these claims by telling you to make adjustments to your house and you didn't do this.
Insurance companies will also pay for you to stay somewhere else temporarily if your house suffers excess damage. This option is crucial if you live in a trailer or are in a location where tornadoes are frequent. It might cost a little more, but it's better than being homeless.
The Kansas FAIR Plan
The state of Kansas offers an option called the FAIR plan. This is for anyone who is unable to get their home insured by other agencies. There is no guarantee that the program accepts you, but it is absolutely worth your time to find out. Some insurance is infinitely better than none.
You need to fulfill a few requirements before qualifying for this coverage. First, it's essential that three separate agencies decline you. You also still need someone to look at your property and decide whether it is eligible for this plan.
It is typically unlikely that you will be denied for the FAIR plan along with any other coverage. Talk to a licensed insurance agent if this is the case. It's likely that there's a reason for the denials. The sooner you discover the problem, the sooner you can do something about it.
Frequently Asked Questions About Kansas Home Insurance
1. Does home insurance cover water or windstorm damage?
You are not necessarily covered. Remember to read the fine print and ask your agent plenty of questions. Some plans cover this type of damage, but others do not. There is also no guarantee that your coverage will help you with debris removal, sump-pump failure, or provide you with a temporary living arrangement.
2. Does Kansas provide coverage for storm damages?
The State of Kansas does not provide coverage for storm damages. It is important to get coverage through the National Flood Insurance Program if you live in Kansas, as the state is no stranger to storms.
3. What should you do after a storm hits?
You need to take pictures of the damage that took place as soon as you can. This will allow your insurance company to assess just how much damage took place. Taking photos allows proper compensation. In addition, make sure to discuss any repairs you make with your agent. Do this before making any calls to home repair companies.
4. What can you do if you feel compensation is not adequate?
Contact more than one contractor. Get several objective opinions before going through with any of them. Contact the Kansas Insurance Department if nobody is offering you a fair settlement.
How to Get Great Rates on Kansas Home Insurance
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Kansas Home Insurance Resources
KS Department of Insurance
Information to help Kansas residents become informed consumers of insurance