Kelly Insurance Offers Tips to Help the Community Save on Homeowners Insurance
- Shop around. In addition to considering friends, family, the phone book, or the Internet as possible sources to find homeowners insurance, consult with an independent insurance agent. Look for a wide range of prices from several companies. Remember, the investment impacts the return, so look for not only a fair price but excellent service as well. Check a company's financial rating with
- Raise deductibles. Companies generally have deductibles (the amount paid before the insurance policy kicks in) starting at
- Consider how much insuring a new home will be. The age of the home may qualify some homeowners for savings because plumbing, heating, and electrical systems of newer homes have lower risks than outdated systems.
Construction of the home (brick versus wooden frame) can affect costs as well, depending on the home's location. Also, for residents that live nearer to the local fire department, the homeowner's rates might be lower than for those that are many miles away.
- Insure the home, not the land. Since homeowner's policies don't provide protection for the land, it would be a waste of money to include its value as part of the dwelling coverage, which should only reflect the price it would cost to repair or replace the home's structure.
- Insure cars and homes with the same company. Many people have saved money by combining different types of policies with the same insurance company. The better business given to the insurance company, the more valuable the customer.
- Improve home security and safety. If the home has certain types of fire alarms, burglar alarms, locks, or smoke detectors, there is a reduced risk that may qualify for a credit.
- Look for senior discounts. Insurance companies may offer discounts to homeowners that are at least 55 years old and retired. Retirees often spend more time at home and are more likely to spot trouble and prevent a loss.
- Look for group coverage. Many insurance companies offer discounts to groups such as alumni or business associations. Check with the association's director or employer to see if they offer a plan.
- Stay with one insurer. If someone keeps coverage under one insurer for several years, they may be offered a discount from the company. The longer someone is a customer, the more money that person will likely end up saving.
- Compare the limits in the policy to the value of the possessions at least once a year. If there are any new major purchases or additions, it is important to ensure they will be covered, but without spending more than is necessary.
About
Established in 1984,
For information and quotes on insurance coverage, please visit
About Travelers
For more information on this press release visit: http://www.releasewire.com/press-releases/kelly-insurance-offers-tips-to-help-the-community-save-on-homeowners-insurance-1341816.htm
Media Relations Contact
Press Manager
Telephone: 1-610-489-9442
Email: Click to Email Press Manager
Web: https://www.kellyins.com/
Find Out Which Drivers Pay the Lowest Car Insurance Premiums
Private Health Insurance Market to Witness Huge Growth by 2026: AXA, Allianz, State Farm Insurance
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News