With inflation and prices rising all around us we want to make sure that we are getting a competitive price on our HomeOwners insurance one way to make sure you are receiving fair rates is to stay up to date with your property maintenance. Homeowners Insurance carriers hire inspectors to inspect your property things like the age of your roof, electrical, plumbing, and hvac systems make a big impact on your insurance premiums.
ask your trusted insurance broker to make sure that you are taking advantage of all policy discounts available to you. If you for example have installed a new security system or upgrade your major electrical or plumbing system make sure that your insurance broker knows.
Be thoughtful when reporting claims; not every claim is worth reporting. In some cases if you have an event happen within your home that you are thinking about reporting as a claim keep your deductible in mind. If for example the estimated damage caused to fix the problem is very close to what you would have to pay in the amount of your deductible it may be best to just take care of this out of pocket because every claim that is filed is tracked and is placed on your insurance record and may impact your future premiums.
