Do you find the premium quoted by your insurer high? There are some things you can do to reduce your insurance premium.

  1. Shop around and get quotes from three or more agents or brokers.
  2. Buy your auto insurance and your home insurance from the same insurer.
  3. Ask for a higher deductible.
  4. Install an alarm system that is linked to a central monitoring system.
  5. Let your insurer know if major renovations have been made.

Shop around!

The home insurance industry is competitive. A number of insurers cover the same market and rates can vary from insurer to insurer. So it’s to your advantage to contact a few when you’re looking to purchase insurance. You can also get quotes by phone or on line.

However, the lowest premium suggested may also mean less coverage. Make sure you compare the coverage offered by each insurer so that you’re not going without the coverage you want.

Did you know? (home)

6 questions on insurance in case of tornadoes

If a tornado strikes your home or your vehicle, would damages be covered by your insurance? Find out!

SIGN ME UP

Would you like to receive prevention and insurance news?