home insurance

Are You Paying Too Much for Home Insurance?

Being a homeowner is a wonderful thing; however, how do you ensure that you aren’t paying too much for home insurance? There are many insurance companies out there that are more than prepared to offer you advice and cite all the reasons that you should want to hire them.

However, you, along with everyone else, want the best deal. Which means you are looking for the most affordable option that has the best coverage.

Reasons other insurance agencies might be overcharging you for your home insurance:

 

You Don’t Bundle or Compare Policies

Combining home and auto insurance is a great way to save money. If you are not doing so already then look into bundling the two together for savings.

Shopping around and price comparison is always recommended, and never more so than with your home insurance. You want to be sure that you are getting the best deal.

 

You Haven’t Had an Inspection in a While

Regular home inspections are recommended because then you can fix issues that arise and that will result in lowering your payments. If something goes wrong, then you would have to file a claim (something that you want to avoid since that will raise your premium).

Try to fix small problems before they become more significant issues.

 

You Don’t Have Good Credit

Since your credit score is taken into account when you are applying for home insurance, it’s a good idea to keep an eye on it. Poor credit can result in your insurance costing more since you may be seen as a risk.

A few easy ways to keep your credit score up:

  • Don’t max out your credit cards
  • Always make on-time payments
  • Don’t default on loans

 

Your Home Isn’t Protected

The more protected your home is, the less of a liability you are to the insurance company. Making sure that you have smoke alarms and carbon monoxide detectors installed, as well as a maybe even a bugler alarm helps to decrease your risk.

 

You Aren’t Working with an Independent Insurance Agency

Working with an independent company has its perks. Agents tend to be more personal, and they (unlike the big box companies) have your best interest at heart when it comes to your home insurance. Companies such as Atlantic Insurance Group Agency take clients seriously and make every effort to build a trustworthy relationship with them.

Having the proper home insurance is not only an option, but it’s a must. And there is a lot that you can do to ensure that not only are you getting the best coverage, but you are also getting the best pricing along with it. Contact us today!