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Credible Home Insurance Review

Home » Finance » Credible Home Insurance Review
9.8

Table of Contents

Our Credible Home Insurance review highlights the latest and greatest way to shop for your home’s protection online. The company earns a number one spot in our best and cheapest homeowners insurance companies review.

The average cost of a homeowners insurance company policy is $1954 per year or roughly $163 monthly. Home insurance rates continue to rise with the onset of the effects of climate change and industry changes.

Considering a new policy, updating your dwelling and liability coverages, or shopping around to compare home insurance company offers from time to time is an excellent way to explore coverage options and help manage insurance costs.

Credible is widely known for its work as a debt consolidation and personal loan marketplace for consumers with almost any credit score. Credible works with numerous lenders to help customers achieve their financial goals in that arena. Now, Credible also provides its expertise and customer satisfaction skills in the home insurance industry.

Credible Home Insurance Ratings and Reviews

Better Business Bureau Grade Trustpilot Review Score Consumer Affairs Review Score
A+ 4.8/5 – 7,700+ reviews 3.5/5 – 24+ reviews

Pros

  • Let’s you find the the most reputable and cheapest homeowners insurance providers

  • No fee for using Credible’s service

  • Highly rated company with extensive financial product history

  • Get multiple quotes all within a few clicks

Cons

  • Credible is a marketplace and doesn’t provide the home insurance coverage itself

Credible Home Insurance Features

While buying home insurance used to involve agents and meetings, Credible now offers a way to shop for, evaluate, purchase, and have companies compete for your business online without getting up from your chair. Here are the benefits of Credible’s new home insurance marketplace approach.

  • Charges no fees to use the service
  • Shop from numerous home insurance providers
  • Select your company and policy from a list of options
  • Requires no commitment to shop
  • Avoid shopping multiple companies for a home insurer

Find the best home insurance rates at Credible

Things to Know About Credible Home Insurance

Credible isn’t a home insurance company. Credible simplifies homeowners insurance shopping while offering more opportunities for you to find the best and cheapest home insurance rates and identify companies with the best customer service. Credible charges no fees to use its services. Instead, it earns its income from the insurers it represents.

While Credible is the marketplace through which you can explore homeowners insurance ratings and shop for the best provider, after purchasing your policy, you’ll work directly with your chosen company to determine specifics, such as home insurance emergency services coverage, what your homeowners insurance covers, coverage limits, natural disasters protections, covered losses, exclusions, and how to file a home insurance claim.

Credible Home Insurance Reviews

Credible home insurance offerings are brand new. The company has only recently expanded into the industry. However, the company’s review history is nearly spotless, and it holds a prominent position in our best debt consolidation companies review. Credible maintains an A+ grade at the Better Business Bureau for its responsiveness to consumer concerns and earns a whopping 4.8 out of five stars at Trustpilot.

Is Credible Home Insurance Legit?

While new, Credible’s home insurance marketplace is certainly legitimate. Credible has taken its approach to personal finance and added the home insurance category to its offerings. Due to the company’s prior successes, Credible Home Insurance is already making waves in the industry by offering home insurance customers more ways to shop and compare homeowner insurance options. By doing so, Credible is placing the power of choice back in consumers’ hands for an essential product designed to help protect the investment in your home.

Is Credible Home Insurance Worth It?

So, why is obtaining a home insurance policy through Credible worth it? The home insurance policies you can shop for on Credible’s platform are identical to policies you may purchase through an agent. However, the fact that Credible charges you no fees to use the service and provides the opportunity for you to compare companies and rates side-by-side before making your decision is enough to make using Credible’s service well worth it.

The changing natural and business environments can affect choosing a home insurance company for the long term. While the future remains to be seen, Credible combats the potential need to change home insurance companies frequently. By allowing you to see your options upfront before paying anything, Credible’s platform promises to help you find a company you can stick with for years to get the most from your relationship with your insurance provider. The platform and the ability to stay with your new insurance provider over the long haul can help avoid additional fees and prove cost-effective both now and down the road.

Who is Credible Home Insurance Best For?

Credible home insurance is the best online marketplace that we’ve identified for the purpose of comparing, shopping for, and purchasing a new homeowners insurance policy, almost regardless of your insurance or home ownership situation. Homeowners seeking a way to take control of their home insurance costs and coverages will realize the best rewards when working with Credible to secure their next policy.

Discover your best home insurance rates at Credible

Questions to Ask Your Home Insurance Agent or Provider Before Purchasing a Policy

Homeowners insurance has a lot of aspects to consider when choosing your provider and policy. That fact can make choosing wisely a challenge. Credible gets that. It’s one of the primary reasons using its service can simplify your home insurance shopping. Credible can help answer all of the questions you’d typically ask of your insurance agent or provider, such as the following.

  • What are my liability protections?
  • What are my deductibles?
  • How much are my coverage amounts?
  • What does my policy cover?
  • What exclusions exist?
  • Do I also need flood insurance?
  • Am I protected from wildfire damage?
  • How much are my premiums, and how do I make payments?

Frequently Asked Questions

Can I refuse a home insurance inspection?

Are hot tubs ok with homeowners insurance?

How often do insurance companies inspect homes?

About Author

Dr. Ali
Deane Biermeier is a respected authority in financial research, writing, and editing, renowned for his in-depth analyses and expert advice. With a distinguished career that previously spanned home improvement, real estate, and finance topics, Deane's role at Trusted Company Reviews focuses exclusively on finance. Deane continues his contributions to leading publications such as Forbes Home, US News and World Report, Newsweek Vault, and others. Since joining TrustedCompanyReviews.com in 2023, he has solidified his reputation as a crucial resource for clear, factual financial guidance. Deane is currently enhancing his expertise by studying at the University of Minnesota to become a certified financial educator. This new qualification is set to further enrich the advice and insights he provides, bridging the gap between academic financial theory and practical application.
Dr. Ali

Deane Biermeier

Last Updated: October 31, 2024