Home Page RSS Contact Us Get A Quote

logo

IA Newsletter, July 2012

Saving Money on Homeowners Insurance

In This Newsletter
Saving $$

 Contact Us

Click to email us!
Kyle
Kyle
Josh
Josh
Kevin
Kevin

 

Referrals

The Insurance Advisors believe that a referral from an existing customer or business partner is the ultimate reward for a job well done.
Gift Card If you have received excellent service and amazing value from  Insurance Advisors, please pass our contact info on to your friends, family, and co-workers.
We promise to provide the same great service that you have become accustomed to. Plus for the referral we will send you a gift card as a thank you!

IA Team

Whether the economy is good or bad, it is always important to use strategies that can help you save money on your homeowner’s insurance bills. Premiums on insurance bills go up every single year whether the policy holder places a claim or not. In fact, your geographic location is often factored in when determining the homeowner’s insurance premium.

The number of claims placed, not only by you but also by other individuals within your geographic sector, is also factored in when determining the homeowner’s insurance premium. So, as you can readily see, no matter what you do, your homeowner’s insurance premium is bound to go up every single year.

Homeowner’s Insurance Insurers: The first fact that you have to realize is that the premium you pay for homeowner’s insurance can vary by several hundred dollars, depending on the insurer that you select. Therefore, it is important to shop around for your homeowner’s insurance every few years, especially if your current premium increases by $100 or more. When comparing homeowner’s insurers, you need to make sure that you use the same numbers for comparison –deductible, limits, and values.

Homeowner’s Insurance Deductibles: If you increase your deductible on your homeowner’s insurance policy, the premium typically goes down. Generally, deductibles can be increased in $500 increments. If you are concerned that you won’t have the money to offset the cost of the deductible, take your premium savings and put it into a special savings account each year until you save up the difference.

Homeowner’s Insurance Savings with Multiple Policy Piggy Backing: Piggy backing your insurance policy through the same insurer leads to multiple-policy discounts that can save you money on your insurance premiums each year. It’s essential that you ask questions about this since the savings might only be on your auto insurance policy.

Homeowner’s Insurance Savings with Loyalty Discounts: While the idea of a loyalty discount that saves you money on your insurance premium is a nice idea, it is only valuable to you if it actually saves you more money than you would save by switching to a different insurer.

Homeowner’s Insurance Savings with Safety Devices: In many cases, a homeowner can save on the cost of insurance simply by adding safety and home security features. The amount of savings on the homeowner’s premium varies according to the insurer’s policy as well as the type of safety and home security devices that you install. In order to save money on your homeowner’s premium, you might consider the installation of smoke alarms, carbon monoxide alarms, dead bolts, and burglar alarms. Additional safety features that can save money on your homeowner’s policy include professional security systems and home sprinkler systems.

Summary: Your homeowner insurance policy might be costing you more than it should. What factors add to the expense of having an insurance policy on your home? Here are a few tips for saving some money on your homeowner’s insurance premium.


MetLife
png
Kemper
png
Travelers
png
Safeco
png
Progressive
png
ASI
png
The Hartford
png
Foremost

Electric Insurance Company Logo


Kemper


Social Networking
19751 E Mainstreet, Suite R11, Parker, CO 80138   |   720.210.9898   |   www.theinsuranceadvisors.net
Facebook Twitter Insurance Advisors