1. Homeowners insurance is a competitive business so be prepared to shop around to save money on your rates.
2. Raising your deductible from $500 to $1,000 can save you as much as 25% on your premium. The higher the deductible, the lower your rate. We recommend a deductible no smaller than $500 to start with.
3. Use the same insurance company for all your insurance requirements including auto insurance, boat insurance, home insurance and travel insurance. This alone can reduce your rates by 5%-15%.
4. Securing your home with smoke detectors, security alarm systems and dead bolts can drastically reduce your home insurance rates.
5. Stay with the same insurance company long term. This will definitely help when you asked for any other discounts they are offering.
We hope that this information will help you when shopping to insure your most valuable asset, your home.
You are now ready to buy that new home you have saved for over the past several years. Many people wonder if they can actually own a home without home owners insurance. The answer is yes and no. If you have a mortgage on your home, the lender will likely require you to carry homeowners insurance so that they are protected in the event the home is destroyed. If you own your home outright, no one will insist you have home insurance coverage, we do however recommend that you maintain coverage so that you don't lose everything you have worked so hard for.
2. Raising your deductible from $500 to $1,000 can save you as much as 25% on your premium. The higher the deductible, the lower your rate. We recommend a deductible no smaller than $500 to start with.
3. Use the same insurance company for all your insurance requirements including auto insurance, boat insurance, home insurance and travel insurance. This alone can reduce your rates by 5%-15%.
4. Securing your home with smoke detectors, security alarm systems and dead bolts can drastically reduce your home insurance rates.
5. Stay with the same insurance company long term. This will definitely help when you asked for any other discounts they are offering.
We hope that this information will help you when shopping to insure your most valuable asset, your home.
You are now ready to buy that new home you have saved for over the past several years. Many people wonder if they can actually own a home without home owners insurance. The answer is yes and no. If you have a mortgage on your home, the lender will likely require you to carry homeowners insurance so that they are protected in the event the home is destroyed. If you own your home outright, no one will insist you have home insurance coverage, we do however recommend that you maintain coverage so that you don't lose everything you have worked so hard for.
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