The average California homeowner will spend about $995 annually on home insurance. While that’s below the $1,100 national average, there are ways you could adjust your policy to save even more. In this article, we’ll show you how.
BUNDLE YOUR HOME AND AUTO INSURANCE WITH ONE COMPANY
This is one of the easiest ways to save 10-20% on your insurance rate. Many of the more well-known companies (Progressive, American Family, Allstate, and others) are actually eager to offer you discounts if you carry multiple policies with them.
IMPROVE YOUR HOME’S SAFETY
When the insurance companies are calculating your rate, one of the things they look at are your home’s vulnerability to storms, fires, and burglaries. By upgrading plumbing and electrical systems as well as installing a security system, you’ll get a lower rate.
It’s also a good idea to include things like storm shutters, deadbolt doors, and window locks.
RAISE YOUR DEDUCTIBLE
The deductible is the difference between what you pay and what your insurance provider pays to coverage damage. Many people choose to carry a deductible between $500-$1,000.
While raising that number does mean that you’ll pay a bit more when things go wrong, it will also reduce your insurance rate. Before deciding to do this, make the commitment to establish and maintain an emergency fund.
WORK ON IMPROVING YOUR CREDIT SCORE
A credit-based insurance score can be used by some companies to predict the probability of future claims you’ll make. Taking steps to beef up your credit score can go a long way to getting a reduced rate.
J&M KEYSTONE, INC. CAN HELP YOU IN DEALING WITH INSURANCE COMPANIES
When disaster strikes your home, J&M Keystone, Inc. can work directly with your insurance provider to file a claim for damage and receive payment for restoration and cleaning.
No matter what time it is, call us at 800-368-2757.
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