Insurance Tips: Tips to Save on Homeowner's Insurance

For many families their home is consider their largest asset and protecting that asset is imperative to their future. There are many ways to save on the rising cost of protecting your home. Check out these tips on lowering the cost of homeowner's insurance.

Tips to Save on Homeowner's Insurance
-You must speak to a reliable insurance expert to know how much coverage you need.
-There is no need to pay excess amount if you know what is essential to be covered under a homeowner’s insurance policy.
-Install electronic security alarms to reduce the cost of insurance.
-Ask for a deductible if your home is made of fire resistant material.

Insurance Tips: Ways to Save on Life Insurance

Having the proper life insurance policy is the foundation for building a solid financial house for you and your family. Contrary to popular belief buying life insurance doesn't have to be extremely expensive. Having the right resources and the right timing can make a huge difference in your monthly and annual life insurance costs. Utilize these tips to get the policy you need with an affordable premium.

Ways to Save on Life Insurance:
 -Buy Life Insurance when you are young
 -Buy the right amount of coverage and the right length of Term Life Insurance
 -Make sure you deal with a licensed provider who covers all underwriting criteria in case you fall under one or more risk factors
 -Ask for discounts if you intend to pay your premium annually, or monthly via electronic fund transfer
 -Review your Life Insurance policy at regular intervals

Property Insurance Pitfalls: What's Liability?

Liability is an extremely important provision inside your property insurance. This provision extends to a certain extent for neighboring homes or guests of your residence. If your home burns down and the fire spreads to the house next door the additional home should be covered. Liability also comes to assistance if a guest is injured on your property.

Get General Liability Info HERE

Property Insurance Pitfalls: Do I need insurance?

Many U.S. state laws require some form of insurance. The specific coverage and policy demands vary from state to state. Fortunately, insurance policies are often offered n bundled packages, saving the policy holder money over the course of time. Be sure to gather all of the details regarding your policies and gain clarity if you are unaware of the requirements held in your state.

Property Insurance Pitfalls: Additional Coverage

Knowing the specifics concerning our additional property insurance coverage can help you sleep better at night. Depending on your state of residence various rules may apply to your policy. In some states home base businesses are not commonly included in coverage. Additionally, if you own multiple homes for vacationing and seasonal travel higher premiums may be applied to cover vacancy.

Property Insurance Pitfalls: Understanding Premium

One of the most important pieces to understanding property insurance is how much is it costing you? We all want great coverage at a great price. Many factors play a part in determining your property insurance premium. Do you reside in a high risk area? High risk areas are places that may be prone to flooding, hurricanes or tornadoes? How sound is your credit score? Do you own a pet? Are you a smoker? The answers to these questions and more have the ability to drastically increase or decrease your insurance premiums. Still not sure if you're paying to much? Contact us to learn more (561) 586-0029.

Property Insurance Pitfalls: Understanding Coverage

Home owners insurance is one of the most important pieces to building a solid financial future. Over the course of life our homes become one of our biggest assets providing shelter for our most important assets of all, our families. One common property insurance pitfall to avoid is knowing the actual coverage for repairs.
Review your policy to determine if repairs are covered at actual cash value also know as ACV or covered at replacement cost. The price difference between both terms of coverage is vastly noted. The cost of ACV is usually  much lower than replacement. If you have more questions concerning your property insurance policy contact us at (561) 586-0029.