Tag Archives: Premiums
How to Save on Homeowners Insurance
Don’t confuse the market value of your house with rebuilding costs.The land under your house isn’t at risk from theft, windstorm, fire and the other hazards covered in your homeowner’s policy. So don’t include its value in deciding how much homeowners insurance to buy. Just as an example, let’s say that your house has a [...]
Full StoryLoss Mitigation and Your Homeowners Insurance-Fire Insurance 101
Have you ever seen how much damage a simple household fire can wreck inside an otherwise healthy home? Something as uncomplicated as a splash of grease onto the counter or leaving a coffee pot too close to the bread bag has the potential to send your home into a blazing inferno, destroying everything you’ve spent [...]
Full StoryThe Basic of Homeowners Insurance
Homeowners insurance is an insurance policy you buy from the insurer to protect your house against theft, storms, fire, flood and all other causes explained in your policy. It allows you to transfer the risk associated with owning a home to the insurance provider and give you a peace of mind that your most valuable [...]
Full StoryCheap Homeowner Insurance: 6 Ways to Cut Expenses
1. Raise your deductible. A typical deductible is $250. Most insurance companies recommend a deductible of at least $500. The higher your deductible, the more money you can save on your premiums.2. Buy your homeowner and auto insurance from the same company. Some companies that sell homeowners, auto and liability coverage will give as much [...]
Full Story