Let Us Help Protect You & Your Family With Our Knowledge, Experience, & Network Of Homeowners Insurance Options!
Compass Insurance Agency will get you the best coverage for your home, at the lowest possible rate, without sacrificing customer service. In addition to homeowner’s insurance, you can get more than 50% in potential discounts if you bundle your home, auto and business insurance together.
To us, insurance is personal. We treat our clients like family because that is what they are to us. This entails taking the extra time to customize your coverage, responding promptly whenever you contact us, guiding and supporting you through the claims process and making ourselves available to you 24/7 through different communication channels.
We also commit our staff to continued education to ensure they are fully versed in the latest Michigan laws, requirements and resources.
When you start a policy, you invest in the value of your home and property. We take this seriously and commit ourselves to protect it. This includes delivering a personal level of service that demonstrates how important your trust is to us. Our staff will get to know you - not just as a name or policy, but as a person. And you will know who you are talking to when you call us.
We work for you, NOT the insurance companies. We can state this sincerely because we are independent agents. Besides putting you first, our independent status allows us to offer a variety of rates, policies and levels of coverage from about 20 insurance providers.
In addition to delighting you, fostering a sense of community and giving back is also important to us. To that end, we stay actively involved in local charities and organizations.
There is a lot to take into account when choosing a Homeowners Insurance policy. Fortunately, Compass Insurance Agency can simplify the process for you. The exact level of coverage right for you is as unique as your home.
However, there are standard types of homeowner insurance coverage:
Home is the place you go to unwind and find solace. We want you to rest assured that every inch of it is protected. To help give you peace of mind, we offer the following optional coverage:
While the state of Michigan does not require residents to carry insurance on their home or personal property, the majority of lenders will. In most cases, if you finance your home, your lender will protect their financial interest in the property by requiring you to purchase coverage for the buildings.
In the event you fail to provide proof of coverage, your lender will likely purchase an insurance policy themselves and make payments on it using your escrow funds. This is known as “force-placed” insurance.
Even if you are not financing your home, purchasing homeowner insurance is a wise idea, as replacing your home and possessions if they suffer damage could be quite costly.
The age of your home, roof, and materials are one of the most influential factors because they become more susceptible to damage from external and internal conditions as they age. Improvements made to your home can drive up your premium because they are more expensive for your insurance carrier to replace, so the cost of materials and construction for a home remodeling projects will likely get figured into your rates.
Known in the insurance world as attractive nuisances, pools and trampolines can increase your premium, along with wood-burning stoves and owning a breed of dog considered aggressive. Conversely, installing a home security system may reduce your premium.
Finally, previous claims can cause a spike in your premium because insurers perceive your home as a higher risk. If the claims start to stack up, you may lose your coverage altogether.
It is imperative to compare apples-to-apples in order to get accurate quotes. This means comparing the set of coverages, deductible and limits across every single insurance provider. Most homeowner insurance policy terms are 12 months in length, so this detail should remain consistent.
While you may be tempted to choose a lower insurance rate, remember that your deductible will be higher. Along the same lines, a higher insurance rate will result in a lower deductible. It is up to you to decide which situation is right for you.
Along with the basic coverage, take into account any additional coverage you may need. For example, if you have expensive appraised jewelry at home, you may want to consider purchasing scheduled personal property insurance.
Did you know:
“A family member referred me to Compass Insurance, they found me cheaper insurance rates and Molly was very professional, great customer service!”
- Randy B., June 10th -
Condo Insured with Compass Insurance Agency Grand Rapids, MI