Purchasing the homeowners insurance that is right for you and your home can be confusing, especially for first-time buyers. By learning the basics on how to get the most for your money, you can save on your homeowners insurance and feel confident you have adequate coverage. Here are tips when you purchase your homeowners insurance.
Raise your deductible.
Companies generally have deductibles (what you pay before your insurance policy kicks in) starting at $250. By choosing a higher deductible $500, $750, $1,000 or higher), you’ll have a lower annual premium payments.
Improve home security and safety.
If your home has certain types of fire alarms, burglar alarms, locks or smoke detectors, you’ve reduced your risk and may qualify for a credit.
Insure your car and home with the same company.
You can save money if you have more thank one type of policy with the same insurance company. The more business you give a company, the more savings they can pass along to you.
Contact Mel Foster Insurance today to customize your product to match your needs and wants.