1. Not One Size Fits All
Home insurance comes in a variety of different policies, so it makes sense to explore options that work best for you. Some variants for insurance policies include:
2. Credit
Your credit can change how much you pay for home insurance. In a recent survey conducted in 2015, people with medium or fair credit ended up paying almost 32% higher rates than those with great or excellent credit.
3. Pets Can Affect Your Insurance
Although a dog is certainly part of the family, there are specific dog breeds that can demand a higher premium. Insurance companies often view “aggressive” dog breeds as a liability because of potential dog bites.
4. Maintenance and Upkeep
Taking care of your property and the area around can help trim the home insurance bill. Making sure dead or dying trees are removed can save you money on premiums This will reduce the risk of a tree falling and damaging your property. In fact, if you submit an insurance claim and an adjuster finds that a problem may have existed before the event that triggered the claim, you may be denied.
5. Home Inventory
Always create a home inventory list and regularly update your belongings. Knowing what you have in the event of an emergency can make the claim process run much more smooth and efficiently. In the event of a total disaster, it is a good idea to save a copy of this inventory list at another location. Keep it with a friend, family member, or in virtual storage.
