Homeowner’s Insurance – Lower Your Premium

Homeowner's Insurance

Here on the gulf coast, as in many coastal areas, insuring your home can get EXTREMELY expensive because of the windstorm risk.  Here’s something to consider.  Raise your deductible.  You will be amazed at how much money this can save you. Raising my deductible from 2% to 5% saved me almost 50% in my premiums.  BUT – you MUST check with your mortgage company first to find out what the highest deductible is that they allow you to carry.  Not all mortgage holders allow 5% deductibles.  If they don’t allow 5%, price your insurance rates at 2% – you will still save money.  And that’s a good thing!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s