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For an “Expert Insight on Homeowners Insurance,” MoneyGeek journalists Mandy Sleight and Rachael Brennan reached out to Attorney Thomas J. Simeone regarding the price of homeowners insurance coverage and the best providers in 2021.

Attorney Simeone is the managing partner at Simeone & Miller, LLP and a renowned trial attorney who represents clients facing well-funded and adversarial insurance companies. He practices in Washington, D.C., Virginia, and Maryland. With millions of dollars recovered for injured plaintiffs, he is an accomplished attorney acclaimed by LawDragon, Super Lawyers®, The National Trial Lawyers, and many other legal industry organizations. He has successfully taken on myriad auto, health, and homeowners insurance companies for over 25 years, giving him unique insight into the complexities of the insurance industry.

Thus, in writing “Average Cost of Home Insurance: How Much Will Homeowners Coverage Cost You in 2021?” Sleight sought Attorney Simeone’s top tips for saving money when buying homeowners insurance. He also touched on how the home’s construction type can affect the cost of a person’s homeowners insurance policy.

“There are two primary ways to save money on homeowners insurance,” Attorney Simeone told Sleight. “First, make sure you do not buy too much coverage. … Second, increase your deductibles, which are the portion of any loss that you will pay instead of insurance.”

Homeowners can save a sizeable amount of money when they follow these two pieces of advice. If a homeowner purchases too much coverage, then they will unnecessarily be paying for coverage they do not need. The reason for increasing the deductible is that doing so will lower the monthly premium, meaning the monthly payment will be as low as possible.

Attorney Simeone expanded on these ideas with Brennan in “Best Homeowners Insurance Companies for 2021: Reviews, Rankings and Rates.” To best inform readers, he touched on the coverage that most homeowners should make sure to have, as well as common mistakes and coverage exclusions.

“The best way to avoid these problems – other than learning the hard way by making a claim and having it denied – is to ask specific questions of your insurance agent and read the policy thoroughly to ensure that you understand each coverage offered, that the amount of each coverage is appropriate for what it insures, and that all of the parts of your home and all of its contents are covered,” said Attorney Simeone in conversation with Brennan.

To read more on MoneyGeek, visit Sleight’s article here and Brennan’s article here.

Attorney Simeone is often featured in the media, such as by Yahoo Finance, MSNBC, Fox News, ESPN, and The New York Times. He has also appeared on the radio: WMAL in Washington, D.C. and WHPC-FM in New York. If you are seeking an attorney who truly cares about helping you if you’ve suffered an injury in a car, truck, or other accident, contact us online for a free consultation.