Homeowners insurance provides financial protection against unexpected disasters. A typical policy insures the home itself and the contents.
Homeowners insurance is a package policy. It covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.
There are several ways that you can save on your homeowners insurance. Following are a few suggestions on ways to cuts costs:
Let us compare rates
Contact us to compare your rate with other insurance companies. But don’t consider premium alone; consider the service and policy contract of other carriers. Oftentimes, lowering the premium can decrease coverage as well.
Increase your deductible
Increasing your deductible from $250 to $500 can save from up to 10%; increasing to $1,000 can save up to 20%.
Place your homeowners and auto coverage with the same company
Many carriers offer discounts up to 10-20% off your homeowners premiums if they also carry your auto coverage.
Installing a burglar or fire alarm or sprinkler system not only helps to protect your valuables, but it can also help you save an additional 5-15% depending on the type of system installed.
Some carriers offer discounts of 5-10% if they’ve had your insurance for 3 or more years.
We will help you Review your policy annually
Your policy should reflect the current replacement of your home and its contents. You know best about what’s happening in your own home. If you have made any major purchases or additions to your home, your coverage may need to be adjusted accordingly.