 Did you know that investing in home security not only provides peace of mind but can also reduce your homeowners insurance premiums?
There are a number of great home security options thanks to technology, but here are three upgrades that may result in the best return on your investment on your insurance premiums while also enhancing the safety of your home.  The aftermath of a weather disaster like Hurricane Helene can be overwhelming. Once the storm has passed and you begin assessing damage and making repairs, you might be wondering — do you need to update my insurance coverage?
The short answer is: possibly. Here are 5 items that trigger an update:  Insurance shopping can be frustrating. You submit the same information to multiple companies only to receive veryy different quotes.
There are numbers of reasons why these differences occur, and being aware of them can help you make more informed decisions about your coverage. Here are five:  In Part 1, I shared 4 potential valuable auto insurance discounts including: paying in bulk, loyalty, low mileage, and having a paid-off auto loan.
In Part 2, I dive into 4 more discounts that could further reduce your auto insurance premiums.  Check this out: a recent survey revealed that a staggering 65% of Americans are in the dark about the full extent of their home insurance coverage.
Even more surprising, 45% have faced the harsh reality of having their insurance claim denied due to insufficient coverage. That's why it's crucial to engage in regular conversations with your local independent insurance agent. This ensures that you not only recall your existing coverage but also assess whether any adjustments are needed. To guide your discussion, ask these 8 essential questions:  Telematics is the use of GPS and other technology in vehicles to track driving behaviors and habits.
Insurance companies use behavioral analytics to determine the driving behavior of their policyholders and adjust insurance rates accordingly. There are pros and cons for policyholders considering using telematics. Here are a few:  "Green" discounts - perks on your homeowner's insurance for embracing energy efficiency and eco-friendliness - are becoming more popular among homeowners.
Along with familiar green discounts like solar panel and smart home technology, here are 3 additional possibilities you may not have thought about:  Looking to save on homeowners insurance? You're probably familiar with some saving options like bundling and claims-free discounts, but there are other lesser-known discounts you might qualify for. Here are 3:
 As part of New Year's plans many plan to renovate their homes. In the Augusta area, this is particularly the time when those who want to rent their houses for the Master's Tournament get started on these tasks.
So do you need to update your homeowners insurance coverage if you're making changes to your home?  Auto insurers typically give discounts for some safety features but they vary by company and state to state.
Also, some states require insurance carriers to give discounts for certain safety features. It's important to make sure your insurance company has the right model of your vehicle. Providing a vehicle identification number (VIN) assures the accurate information is transmitted to your company. What safety features might qualify for discounts? |
AuthorDennis Lam Archives
July 2024
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