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Ways to Lower Your Home Insurance
Article by Amy N.
Home Insurance is a must-have for every homeowner. Most people do not realize that home insurance policy prices can vary by a few hundred dollars. One reason for the variation is that there are a number of ways one can lower their home insurance costs. Depending on what things you do to lower your costs, you can save a significant amount of money.
The following lists a number of ways to lower your home insurance:
1. Increase Your Home Insurance Deductible: The deductible is the amount of money you agree to pay if you file a claim. Raising your deductible will lower your monthly premiums. You could save up to 25% on your premiums.
2. Maintain a Clean Credit History: More insurers are now looking at a person’s credit history when calculating the cost of their insurance policy. The poorer your credit rating is, the higher the premium you will pay. You can protect your credit rating by paying your loans, credit card bills, and other bills on time. Make sure that you correct any credit report errors.
3. Homeowner’s Insurance Discounts: Take advantage of all available discounts. For instance, you can get discounts if you install the following; fire extinguishers, deadbolt locks, smoke detectors, security alarms, and fire alarms.
4. Comparison Shop: There are many insurance sites that provide a tool to submit your information and receive home insurance quotes from several different insurance providers.
5. Remain with an Insurer: Many insurance providers will provide discounts to customers who have stayed with their company for a long period of time. For instance, some companies will reduce premiums by 6% if a customer has been with them for more than 5 years.
6. Combine Home Insurance and Auto Insurance Policy: Some companies offer discounts of 5 to 15% if you buy both Home Insurance and Auto Insurance coverage from them.
7. Protect your Home from Natural Disaster: Insurance providers will give discounts for home that are well secured from such conditions as strong winds, excessive rain, snow storms, and hail storms. You can take such measures as strengthening the roof, bring old systems such as electrical, heating, and plumbing up-to-date, secure the windows with shutters and storm windows…etc.
8. Consider the Type of Home: A newly built home will have modern furnishings, sometimes new appliances, and new wiring, plumbing, and heating systems. The homes are also more energy efficient. Newly constructed homes tend to have lower insurance premiums.
9. Location of Home: You may get a reduced insurance rate if your home is located near such facilities as police departments and fire departments. If you live in an area that is prone to such conditions as hurricanes, floods, and earthquakes, you will have to pay for extra insurance. For instance, if you buy a house in a flood-risk area, you will have to purchase a flood insurance policy that costs an average of 0 a year.
Home Insurance does not have to cost a fortune. With thorough research and implementing measures to lower premium costs, you will be able save a significant amount of money on your home insurance policy.
About the Author
It is required by law to have auto insurance for driving. When it comes to finding auto insurance quotes, you will need to provide a lot of information.
You’ve built a home out of your apartment and filled it with all the things that make up your life. If these personal possessions were damaged, destroyed or stolen, would you be able to replace them? Check out this video from American Family Insurance and visit www.amfam.com for more information about renters insurance.
Car Insurance Quotes – 16 Ways to Get Lower Ones
Article by Dan M. Kennedy
You’ve probably noticed that some people get lower car insurance quotes than you though they seem to have the same situation than yours. Here are 7 things you can do to lower your car insurance quotes.
1. Shop Around
This is such a common sense one that it shouldn’t be here. But life is hectic, makes people skip it or not do it well. What one company considers high risk another one deems to be a medium risk. The difference in price can be significant.
Each company asks you the same questions about your driving habits and where you live. But different companies can have a different take on every single answer you give. And that’s why you shop around. Just make sure that all car insurance quotes you get are for the very same coverage.
2. Buy a Lower Risk Car
Insurance companies take your car into account when you get car insurance quotes. Makes sense. They group cars by risk. There are 20 different groups. Generally speaking, the lower the risk they assign your car group (i.e., the higher the rating), the lower the car insurance quotes you’re going to get.
Some car models are stolen more often than others, some have worse accident ratings than others, some are involved in more accidents than others (you’re a lot less likely to drag race a Dodge Caravan than a Mustang).
3. Consider Getting Only the Minimum Coverage Required By Law
The minimum coverage the law requires you to have is the cheapest. If you have an old car with little value left in it, you should get insurance that covers the other car, people, not your old clunker. If the value of your car is less than what it would cost you to cover it for one year, should you cover it?
4. Keep Your Credit Scores High
An insurance guy I know assures me that there’s a close correlation between credit scores and the chances you’ll file a claim. That’s why, he says, insurance companies rely these days on credit scores to figure out what kind of a risk you are.
Whether you agree with him or not, know that, indeed, the lower your credit scores, the higher the car insurance quotes you’ll hear.
5. Buy Online
You can find lower car insurance quotes online these days. Many insurers offer discounts for buying online: they save money since you’re not getting a human being involved (human beings require salaries). Plus, you save them on their phone bill.
6. Raise Your Deductible
This one is easy to understand. The higher your deductible the less the insurer pays. The less it pays, the lower the car insurance quotes it can afford to have. Of course, in the case you make a claim, you pay more out of pocket.
7. Drive Less
The more you drive each month, the higher the chances that you get into a car accident. At the very least, don’t overestimate. Don’t lie about them (it’s neither legal nor nice) but count them well.
8. Have a Clean Driving Record
The car insurance quotes you get depend on this one too. The more they catch you speeding, the higher the quotes, etc. And it stands to reason: statistically, people with blemished driving records have more accidents than people with clean ones.
9. Don’t Make Small Claims
People make claims for small things. You buy insurance to have protection against large expenses, expenses you cannot, or cannot easily, pay. For some people a ,000 payment is a lot. But if you can make it, make it. Insurance companies do raise your premiums if you make claims.
10. Insure the Real Value of Your Car
If your car is worth ,000 your insurance policy should cover ,000. If you estimate your car value at ,000 and it’s worth ,000 you only get ,000 back if it’s totaled. But you pay a higher premium. So don’t claim your car is in good condition if it’s in average condition.
11. Reduce the Number of Additional Drivers Named On Your Policy
If you can. The more people covered, the higher the premium as the risk of having a claim goes up.
12. Improve Your Car Security
Most insurance companies will give you a discount if you have car alarm, if you park your car in a garage not on the street, if you have a tracking device. The discount varies depending on what theft prevention item you have.
14. Don’t Pay Your Premium in Installments
When you pay your premium over several months, your insurance company will add a couple of dollars to each monthly bill. It may not be a lot each month, but there are 12 months in a year, so it adds up.
15. Move
Well, don’t move just to lower your premiums. But car insurance quotes are based on where you live, so the next time you move, talk to your agent about the neighborhoods you’re considering moving into. Vandalism and car thefts are higher in some neighborhoods than in other.
16. Get Good
Ways How to Lower Down Home Insurance Premiums
Article by Jeremy Corbin
When you are ready to buy a house, you should not forget to make sure that the house that you want is insurable. There are a lot of insurance provider that you can choose from and they have their own good selling points, so it is important that you check and avail a good home insurance that you can afford and at the same time have good coverage. Like your mortgage, home insurance will need to be paid every month, so you really need to factor this cost on your finances. A lot of people may forego on home insurance but this is necessary and this will give you protection if ever any unfortunate disaster might occur. For example you have decided to invest on South Charlotte real estate after checking South Charlotte homes for sale, and did not availed any home insurance. If any accidents happen like fire which can totally destroy a house happens, then it can really hurt your finances, because you need to pay the mortgage and at the same time pay for major repairs. It can even be worse, if the whole house burned down, because you need to still pay the mortgage even there is still no house anymore and find a place to stay and possibly pay a rent. You need to protect yourself on these unfotunate, uncontrollable and unpredictable events.
Even with the knowledge of how big a risk is not to have home insurance, a lot of people still forego of it because they think that it is really a financial burden and availing it is very expensive. There are ways to save money on home insurance, so that it would not be a big burden as what a lot of people imagine. Here are a few guidelines on how to do it:
1. Ask for a discount – Life insurance is something that almost all people avail, then the second insurance that most people buy is car insurance. Having the same idea and principle, it is also appropriate that you buy a home insurance. Having all these different kinds of insurance on one company is a big advantage because you only need to deal with one company for all your insurance. In getting home insurance, you can ask for a discount since you have availed two of their insurance policies. Most company are willing to give a big discount if you have multiple insurance with them. IT also makes transactions eaasier because you are familiar with their company policy and how they do business with their customers.
2. Increasing your deductables – Increasing your deductables will enable you to increase your savings. You also need to understand that as you increase your deductables, youdo not have to use your insurance policy on small claims, and you also will eliminate surcharge payemnts to them.
3. Look for more discounts – If you want to increase the chances of a home insurance company to give you discounts on a home insurance policy then check the security of your house. If you see that there are things that you need to repair, improve or install then have one company to do it. If you need sprinklers, home alarms, dead bolts, door security, and other similar things installed or repair; ask one company to do it and ask for a discount since you will have a lot of work for them. Most home insurance companies are willing to give a good discount if they see that the house is well secured and a lot of security device is installed and working properly.
4. Avoid smoking inside the house – A lot of home insurance company puts a lot of weight if you are a somker or a non-smoker. If you check the statistics of burned down houses or houses that has fire history most of them starts with a cigarette which is why a lot of home insurance company puts a big premium for smokers. You also need to remind yourself not to drink and smoke in your new house.
5. Choose a low-risk area – If you continously keep getting problems with coverage, then check and investigate, the place where the house may be a high-risk area. Check the crime rate and check the sorrounding area. Look for any hints that might suggest that the neighborhood is going for a bad turn.
About the Author
Jeremy Corbin is a freelance writer who writes about real estate and other similar topics. See South Charlotte homes for sale and South Charlotte real estate quality listings from our site.
Home Insurance: 5 Ways to Lower Your Premium
Article by Chris Robertson
While home insurance might be included in your monthly mortgage payment, this doesn’t mean you shouldn’t try to find ways to lower your premium. Don’t make the mistake of passively accepting a high premium. You can potentially save hundreds of dollars every year on homeowners insurance by taking just a few easy steps. Here are five of the top ways to lower your premium.
1. High Deductible
Just as with health and auto insurance, the premium for your home insurance can be reduced drastically by selecting a high deductible. This is the amount you are willing to pay out of pocket before the insurance coverage takes affect. If you choose a ,500 deductible instead of a 0 deductible, then you’re actually taking more of the risk upon yourself. Your insurance provider will lower your rate because you are willing to accept more of the financial responsibility.
2. Multiple Policy Discounts
Ask your provider about multiple policy discounts. If you own a couple of vehicles and a home, you might be able to save money by having your home and car insurance policies at the same company. Some providers offer up to a 10 percent discount for multiple policies within the same household, even if the policies are owned by different individuals in your family.
3. Secure Your Home
Since risk factors play a vital role in determining your homeowner insurance rates, make sure your home is as secure as it can be. Install a security system and reinforce doors and windows to reduce the risk of theft. Ask your provider if there are others ways to reduce risk and your rates (such as adding lighting to your yard or installing a secure fence around your property).
4. New Home Construction – Think About It!
If building a new home, the materials that are used can make a difference on your insurance policy. For example, a home built of a wooden frame will be more flammable than a brick frame, thus, causing your fire protection policy to possibly be higher. Brick or steel-framed homes can withstand higher winds and other weather elements better than wood-framed homes and especially manufactured homes. Also, adding certain structures to your home or yard may increase or decrease your premium, such as a swimming pool, workshop or garage.
5. Mortgage Pay-Off
Another way to reduce your home insurance premium is to pay off your mortgage as soon as possible. Once the mortgage has been paid off, you might not need as much coverage on your policy because you won’t have to figure in interest payments over time and the balance on your mortgage. You can insure your home based on its appraised value. Insurance companies may also consider you as less of a risk once you take full ownership of your home.
Check online to compare pricing in your area and find affordable home insurance. Narrow your search by typing in your location, such as “DC metropolitan area insurance” or “northern Virginia insurance.” You can get free online quotes for various types of insurance, including tenant or renters insurance, condominium insurance, business insurance, life insurance, boat insurance and motorcycle insurance. Don’t pay too much for your home insurance when savings are just a click away!
About the Author
Chris Robertson is an author of Majon International, one of the world’s MOST popular internet marketing companies on the web.Learn more about Insurance.
Landlord Tips to Lower the Cost of Investment Property Insurance
Article by Alan Kappauf
Investment properties can be a good source of income even in a less-than-ideal economy. A great way to maximize your profit is to keep the cost of owning the property down. One area to scrutinize is your property insurance policy. Since insurance premiums are usually higher on a rental home, it makes sense to try for the lowest rate possible and still get the coverage you need. Here are some strategies for saving money on investment property insurance.
One of the best ways to save money on insurance is to shop around for the best coverage at the lowest price. Try to get at least three quotes from different insurance companies, and if possible, try to speak with an agent personally, rather than just looking at figures on the internet. Some companies specialize in working with rental properties, so you may want to compare their rates with those of standard insurance companies.
Another way to lower insurance costs is to look for a higher deductible. Going from a 0 to ,000 deductible can make quite a difference in monthly premiums. So, you’ll want to get the highest deductible that you can safely afford.
Also, be sure to inquire about any discounts the company offers. For example, insurers will usually lower premiums on houses with safety features such as smoke and carbon monoxide detectors, deadbolt locks, sprinklers and alarm systems. Certain types of roofing materials may qualify for discounts if they can withstand hail or wind damage. There may also be discounts for certain types of tenants. For example, people that are home more often, such as retirees or stay-at-home moms, may be a deterrent to burglars. They are also more likely to stop or report a fire than tenants who are often away from home. Also, be sure to check for multiple policy discounts if you own more than one property. If you haven’t filed a claim in a while, check to see if the company will lower your premiums for this reason.
Additionally, check to make sure that you are only insuring your property’s value and not the value of the actual land it is built on. For example, land is unlikely to be stolen or damaged, but your property might be. Also, make sure that you understand what you are being charged for. A policy that covers the actual cash value will pay only the cost of rebuilding at the current market value, while a policy that covers replacement costs will pay for the full cost of rebuilding the property.
Credit scores may also determine your cost, since some insurance companies will give lower rates for higher credit scores. Therefore, be sure to maintain good credit, and keep track of your credit score. Another thing to remember is that as a property owner, you do not need to insure your tenants’ personal belongings. Check to see if this option can be excluded from your policy and recommend that tenants purchase their own renter’s insurance.
The bottom line is that by looking at all of your insurance options, you may be able to save money in the long run and maximize your profits. Good luck!
About the Author
Visit free-rental-property-investing-info.com for free landlord forms, tools, and no-hype educational info focusing solely on investment property. Browse topics like buying a property, landlord insurance, landlord tenant laws, and much more.
Muakakakaka…. Very funny!!! Must SEE!!!
Video Rating: 4 / 5
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How to Lower Your California Auto Insurance Rates
If you want low cost California auto insurance, you should know that there are many factors that determine the overall cost that someone seeking coverage will pay. If you want to pay the least amount possible for car insurance in California, you can do your best to qualify for as many discounts as possible. Some are out of your control, but others can be affected by you.
The first things that alter the cost of California auto insurance that will be discussed are those that you cannot control. First is your gender. This is obviously a characteristic you are born with. Males are charged more for car insurance, especially young males, because they are more prone to reckless driving.
Next is your age. At a young age, you will be charged more because teen accidents are much more common. As you pass milestone ages like 18, 21 and 25, your rates will decrease. Then, with older age, higher rates are implemented again because very elderly people can have slow response times and be a danger on the road.
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Now begins the list of aspects you have some control over. If you have a clean driving record, your California auto insurance will cost less than if you have several citations. If you do your best to be a safe driver by obeying the laws of the state, your insurance rates will be kept lower.
You also have control over the vehicle you drive. The older or less expensive the car is, the more affordable insurance will be on it. If you find car payments and insurance to be too costly, consider downgrading to a less expensive car to lower payments and California auto insurance premiums.
Where you live is another aspect of determining your California auto insurance rates. While moving to a safer neighborhood simply to lower your insurance premiums may not be practical, there are many reasons to live in a safe place, and this is certainly one of them. Congestion in the area you live is another factor that can raise insurance costs along with crime rates.
Look for discounts you may be eligible for. Many people forget this part when comparing California auto insurance rates. If you have a high GPA, there are good student discounts that may become available to you. If you are married, your marital status may result in a discount. Security systems on your car and driving fewer miles every year will result in insurance reductions as well.
At California Auto Insurance we provide excellent service, coverage and prices for all your insurance needs. We are dedicated insurance experts in all lines of insurance products. We have over 10 years of insurance experience and provide excellent protection from the nation’s top carriers.
Article from articlesbase.com
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Direct General Insurance Locations – Can Direct General Auto Insurance Give You Lower Rates?
Article by Insurance Expert
Direct General Insurance Locations
If you’ve been driving for more than a few years, you know that the more you drive, the more likely you’re likely to get into an accident. It happens to everybody eventually. Even if you don’t cause it, you’ll still need good auto insurance if somebody else hits you. But how do you get good insurance in the first place, and how can you keep your rates low if you’ve had one or two accidents? In the next couple of minutes, you’ll learn how I decreased my rates and made myself a more attractive customer to the insurance companies. Plus I’m going to tell you about Direct General auto insurance company as an alternative to your current insurance company.
About Direct General Auto InsuranceInsurance is mandatory for drivers in the US, so every driver has to carry at least the most basic coverage. Direct General Insurance offers all sorts of coverage for many drivers, but they specialize in affordable insurance for those who can’t obtain it from bigger national carriers. If you’re looking for high risk auto insurance because of accidents, tickets, or other problems with your record, Direct General company may be able to help. Check Internet #1 Direct General Insurance Locations right now!
You’ve probably seen the commercials on TV with Direct Insurance’s mascot, the general. He’s a short, fat man in a uniform with a funny mustache who gets people great deals on auto insurance. The commercials are funny, but the insurance is genuine. Auto insurance from Direct General is available in Virginia, Texas, Maryland, Kentucky, and Tennessee among other places. If you live in one of those states, you might want to check out the rates from this company to see how they compare to your current insurance rates. And if you’ve recently had an accident, gotten a ticket or DWI, or otherwise had your rates increased, you should see if Direct General can offer you lower rates.
Get Lower Rates With These TipsThere are many factors that affect how much an insurance company charges you for rates. Where you live, your age, and what kind of car you drive will all play a role in determining your insurance premium. You can’t do too much about these, but there are some things you can do to get lower rates and better quotes. First, try to maintain a great driving record. If you have few accidents, fines, and tickets, you’ll get lower rates. That’s because safe drivers are less of a risk to the insurance company. Anything that makes you less of a risk to the insurer will get you lower rates.
The other important factor in getting lower rates is to compare lots of quotes from different companies. Since each company will quote you a different rate, you should get 5 to 10 quotes and choose the best insurance with the lowest rates. Check Internet #1 Direct General Insurance Locations right now!
About the Author
Having problems with Insurance? Don’t understand whether you are able to make claims?
Check Internet #1 – Direct General Insurance Locations and solve your problems right now!
Techniques to Maintain a Lower Auto Insurance Rate
Take your time: If you want to keep your auto insurance rate as low as possible take your time and be a safe driver. This may seem obvious but the worst thing you can do is to have an at-fault claim or a speeding ticket. And most accidents and speeding tickets happen when the driver is in a hurry.
Give yourself enough time. Stay off your phone. Don’t text. And don’t fiddle around with your GPS. Spend the extra minute. It could save more than a few hundred dollars on your auto insurance. It could save someone’s life.
Watch your credit: Most auto insurers use a customer’s credit history or credit score when determining their premium. Research has shown that drivers with good credit or a high credit score number are responsible, cautious, and less likely to file a claim. In turn, having poor credit or a low score tells an auto insurance company that you are under financial stress and are more likely to take risks. One of the worst things you can do is stop paying your auto insurance bill – even if you’re getting ready to switch companies. Missing a payment or letting your auto policy lapse not only puts you at risk if you have an accident, it can lower your credit score and make it more expensive to get auto insurance in the future.
Shop around: The cost of auto insurance can vary by hundreds of dollars or more from one company to the next for the same coverage. Every auto company operates differently. Some sell direct to consumers. Other companies use agents and brokers who get paid additional fees or commissions. And just as rates vary, so does the level of features and service. While a company includes emergency roadside assistance at no additional charge, others give you a bare-boned policy and little more. Just because your auto insurance company gave you the best rate a few years ago doesn’t mean they’re giving you the best rate now. To be sure you’re getting the price and quality you deserve, you should secure at least three quotes from three different companies every three years.
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How a Good GPA Can Lower Your California Auto Insurance Premium
Article by California Auto Insurance
There are many discounts available to people looking for affordable car insurance. Some of these have to do with the car itself. For example, if your car has a high safety rating and an alarm system, you may qualify for California auto insurance discounts. Other discounts come from your individual conduct. If you are a safe driver, for example, your rates will be lower than someone who has violated traffic laws or caused accidents. Another useful discount you can take advantage of is keeping your grades up. For high school and college students who are generally young, insurance rates can be higher because of the lack of maturity and experience behind the wheel.
Whether you are the student yourself or you have a student on your California auto insurance policy, you will be eager to learn that your good grades can do more for you than simply indicate your academic excellence. This is great news for both parents and students because adolescent drivers sometimes have such costly insurance that it totals more than both parents’ policies combined. With a high enough grade point average, you could save some serious money on your insurance policy. Every semester that a student can keep his or her grades up, the good student discount will continue to be relevant to lowering the cost of the policy.
In general, California auto insurance companies will provide the good student discount to young drivers with a 3.0 GPA or better. This applies to all high school students and all full-time college students attending an accredited university. There are no limits as to how many students on a policy can benefit from the good student discount. This means that parents with more than one child in school could easily save several hundred dollars a year as long as the students maintain good grades each semester.
The average savings permitted to students with good grades is 20% of the cost of their individual insurance. This means that a student with a yearly premium of ,000 will save 0 annually just by keeping their grades up. If you are not currently benefiting from this discount, but you or your student’s grades are a 3.0 or above, you should get in touch with an agent from your California auto insurance company today. Usually all you need to do to prove good grades is email or fax a copy of a high school or college transcript.
About the Author
We as California auto insurance agents are providing excellent service, coverage and prices for all your insurance needs. We are dedicated insurance experts in all lines of insurance products. We have over 10 years of insurance experience and provide excellent protection from the nation’s top carriers.