With all the rising costs in the world consumers are looking for ways to cut costs and save money. Americans spend billions of dollars every year on their home insurance policies. It does not take a genius to figure out that every homeowner needs insurance, most people consider their home to be their greatest asset.
Thousands of homeowners are reaping the rewards that comes from filling out a FREE home insurance quote. Many are receiving 25-30% discounts on their policies while becoming more educated about the home insurance that is right for them. Here are a few tips that might help you when you are shopping for that "Perfect" insurance policy.
Increase Your Deductible
Just like auto insurance, policies have deductibles, and the same rule of thumb applies--carry the highest deductible you can afford. The higher your deductible, the more premium credit you can expect to receive from your insurance company. Your savings could reach 25% by increasing the deductible from $100 to $1000.
Improve Your Home Security
Most insurance companies offer discounts for smoke detectors, burglar alarms, dead bolts, fire extinguishers, and Neighborhood Watch Areas. Homes with a fire and burglar alarm system hooked up to a third-party monitoring company receive higher discounts than homes with local bell alarms.
Insuring two or more vehicles with the same insurance company can save you 10 - 15% on your premiums. If you cover your homeowners insurance and auto insurance together, you can reduce your premiums by another 10 - 15%.
Before buying a home, consider its construction type, such as frame or concrete block and steel (CBS). A wood frame house typically costs more to insure than one built mostly of concrete.
Verify Distance To Fire Stations And Windstorm Areas
If you live in the country, you'll probably pay higher rates for your insurance than if you lived in town. Why? It’s because of the longer distance to your local fire station. If you live more than 5 miles from the nearest fire station, and more than 1,000 feet from a fire hydrant, you will most likely pay a higher premium.
Before purchasing your home, you may want to get a quote for both and flood insurance. Insurance companies may not offer you windstorm or flood coverage, depending upon the area in which you live. If your home is in a hurricane prone area and your insurance company offers windstorm coverage, then installing approved hurricane shutters should result in a premium discount.
Claims Free Record And Renewal Discounts
If you have not had a claim under your policy during the past 3 - 5 consecutive years, you could receive up to a 15% discount, depending on the insurance company. Plus, most companies will discount your premium if your policy has been in force for 3 straight years.
Mortgage Free Discounts
Some insurance companies target who have paid off their mortgage and offer them premium discounts of up to 5%.
New And Renovated Home Discounts
A majority of insurance companies offer a discount for new homes, and you may qualify if your home was built in the last 10 - 15 years. Also, a recently renovated home costs less to insure, so find out when the last major electrical, heating and plumbing update was completed on the home.
Live-In House Keeper
Some insurers offer up to a 2% premium credit if you have a live-in employee as they feel it could reduce the likelihood of burglary.
After reviewing the foregoing savings tips, you may think that if you added up all your credits you could receive a 70 – 90% reduction in your premiums. Unfortunately, it doesn’t work that way. Certain safety or other measures you take may qualify you for being placed with the "preferred" company of a particular insurance group. This "preferred" company will be able to give you more premium credits than a standard company is able to.
The NFIP administers flood insurance to home owner's and renters. They are also in charge of mapping flood zones as shown on a community's flood hazard boundary map or a flood insurance rate map. (FIRM).
Poor employee relations and training - Create a team work environment that keeps staff motivated and happy. Employee involvement in the business, training and increased education promotes a feeling of ownership. You will be surprised how much they know and how much they want to help.
I had never considered how much time my family would spend in our basement until the theater room was finished. Now I can not imagine our home without this space. I also built my office into a corner of our basement home theater to have an additional amount of privacy from the regular traffic of the house.
Buy Flood Insurance separately. This is a decent route in terms of coverage, but buying Flood Insurance from a separate provider can often times be unnecessarily expensive.
Phil - That means it is sequestered so it cannot interact with the oxygen in the air to create more carbon dioxide. That is why forests are called carbon sinks. The carbon is stored in the trunk and it is like it is sunk down into the tree so it cannot form gases in the air.
Navigation is going to be key, too. There will most likely be no cellular data service in the area you are in. For navigation, you should include in your survival kit both maps and a compass. This will help you get around. It is highly suggested that you buy a map of the region you're living in rather than just the local area so that you'll always be aware of your surroundings. You might want to include a solar powered radio so you call for help if you require immediate attention. Flares will also be useful should you need to signal your location to others so that they can come assist you.
Remove the water. The first step is to get the water out of the home. If the water comes from outside, it should recede on its own. Once it recedes, you can mop to remove the excess water. If the flood comes from a leak or other mishap inside the home, you can dry the area with a mop or towel. You must make sure the area is water-free before restoration can begin. Sometimes it will be necessary to set up oscillating fans to help expedite drying the area. Unless the area is fully dry, you will not be able to move on and repair the damage.
I've decided not to follow that path, but my own path to break the ties Corporate America has on my life. I am taking control of honest wealth, and helping others to do the same. Reverting to the basics of silver and gold. Ask me how to break your own ties, and lessen Corporate America's power. WE deserve, as the people, to take back the power given to those (who don't act in our interest) so our politicians will be more concerned with what WE want.
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