Do you live in a gated community? Did you know that you can get a discount on your homeowners insurance if you live in a gated community? Experts claim that the discount is somewhere in the neighborhood of 10%, so if you are in a gated community be sure to tell your insurance representative. This [...]
When you get an insurance quote, remember to subtract out the value of the land from the amount insured. See, when something bad happens to your house, chances are your land will be fine. Fire and your house burns down? The land will probably be fine. Earthquake that tears your house asunder? The land will [...]
Much like cell phones, the security system itself is generally a loss leader that the company uses to get you to sign up for active monitoring. For example, ADT usually charges $400 to install their
EZ Essentials package (control unit, 1 motion detector, 2 deadbolt detectors, 2 reset keys, and a battery backup) but if you [...]
The real reason why most people visit this site is so that they can figure out how to reduce their homeowners insurance premiums, there isn’t much more to insurance than understanding your policy and figuring out how to get it for as cheap as possible. So, when the latest Problogger contest appeared, I figured I’d [...]
I was just talking to a friend mine who just bought a townhouse and he was telling me he got a quote of $400 per year for homeowner’s insurance from Liberty Mutual compared to my own bill of about $600 a year. Now, granted his situation is going to be different (different home, different neighborhood, [...]
Top ten lists are always popular and top ten lists that save you money are even more so. This week’s top ten list for lowering homeowner’s insurance comes by way of the Insurance Information Institute.
1. Shop Around.
2. Raise Your Deductible.
3. Don’t confuse what you paid for your house with rebuilding costs.
4. Buy your home and [...]
No matter how cheap or expensive your homeowners insurance premium is, the most important thing to remember is that safety should your number one priority. If you make your home a safer place to live, your insurance premiums will also fall because increased safety means fewer injuries (or less severe injuries) which will lead to [...]
Thursday, February 15, 2007
This is the last of the ten factors and this one probably isn’t going to help you if you don’t know about it already and it involves taking advantage of group discounts. Check with your current employer, an alumni group, or any other type of group to see if your membership will get you any [...]