Reducing Your Insurance Spend Dramatically — More Tips To Help You Save
Saturday, March 22nd, 2008Would you like a more affordable rate that still leaves you with adequate insurance coverage? You’ll be shown a good number of useful tips in this article…
1. Make sure you do NOT make the mistake of not subtracting the land’s cost from your home’s cost as you apply for a home insurance policy. Folks do this without knowing. Insuring your home for the full price you bought it without deducting the land’s worth is a big mistake.
If you made such a mistake, you’ll have to re-evaluate your home insurance coverage and go through it again with your agent. Deduct the land’s cost and you’ll realize that you’ll need far less coverage.
Doing this will lower your rates considerably and still have sufficient home insurance coverage. Bearing in mind that insurance is for things that can be lost or damaged, insuring the land which can neither be lost nor damaged isn’t a smart move.
2. The more claims you make the higher the risk li (more...)
