Home Insurance Coverage

Here are a few helpful ways you can reduce your home insurance costs -- just watch the savings add up!

Review your policy coverage and limits

Compare your insurance coverage with the value of your personal property. Have you made any significant purchases in the previous year? Have you "down-sized"? Has the value of your property decreased? These are reasons to increase or decrease your insurance coverage. Insurers automatically increase your policy limit each year to reflect inflation changes. Check to see if this is the case with your policy.

Increase your deductible

How much money can you afford to spend — suddenly and unexpectedly? Based on this amount, decide on your maximum deductible. A higher deductible will reduce your insurance premiums.

Consider buying property and automobile coverage from the same company

By bundling your property and automobile insurance, you can benefit from a multi-line discount.

Improve security

You can reduce your insurance rates by making your property more secure. If you install a fire and burglar alarm that rings the police station or other monitoring facility, we will offer a discount. Before you spend too much on security measures, check with us to see what our qualifications are to receive a discount.

Additional coverage options may be available. Please speak with an Advisor.

Share this article