Estimating funeral costs has never been more difficult as costs vary so much between various funeral homes. The problem with estimating costs is that it differs for each area. This guide will show you how to get a rough idea of how much your funeral will cost you.
Figure Out What You Want
Ideally, you should speak to the loved one in question before they die. If they have any specific wishes, incorporate these into the list of ‘must haves’ for the funeral. Take note that cremation is always cheaper than a burial because you don’t have to pay for any prime real estate.
Shop Around Funeral Homes
Make sure you shop around the various providers of funerals. You should give them an itemized list of what you want at the funeral. They should provide you with a rough idea of what each one costs. This will help you compare the various funeral homes. Immediately, you should have a ballpark figure ready.
The Smaller Items
The services of a funeral home are charged via a flat fee. These costs can be estimated through a simple consultation, but where it gets complex is in the little things. The size and type of coffin, for example can make costs vary significantly. Generally, with anything that goes in the ground it’s better to opt for the cheapest option. The coffin will decay over time anyway, regardless of whether it’s simple wood or one with an expensive mahogany finish.
Do You Have Burial Insurance?
Estimating funeral cost becomes less pressing when you or your loved one has burial insurance. This is a type of policy designed specifically to pay for the costs of the funeral. Burial insurance is relatively inexpensive and many people take it out with the same company that provides their life insurance policy. Check to see whether the policy covers all costs or just a partial amount.
Getting the Most Value on a Funeral
The cost of a funeral boils down to two things; the funeral home you choose and any added extras you decide upon. It’s important to take the wishes of the deceased into account, but it’s worth shopping around as the costs of burial are just so expensive these days. To get the most value from your funeral, sit down one afternoon (preferably before the death) and start shopping around for deals. Many funeral homes will even provide discounts if you reserve with them years in advance.