Home ownership is still the goal of many in Auburn, Bay City, Midland, Oscoda, Saginaw, Tawas City, MI, and the surrounding areas, and it is important that this investment be protected with the right homeowners insurance. At Safeguard Insurance Agency we understand that a home is typically the largest investment that people have, and while they want to protect things they also want to have the rates be reasonable. Recently home insurance has been in the news, mostly for the rising costs of insurance, and these increases have made it imperative that homeowners do what they can to help offset these increases. As technology becomes more and more integrated into our homes, this provides new opportunities to reduce the cost of homeowners insurance while maintaining this important risk mitigation tool. Contact us today to learn more about having the right homeowners insurance coverage.
Should You File That Claim
Just because you experience a covered incident on your property doesn’t mean that you should immediately file a claim for it. Insurance companies take into account how many claims you file and what those costs are. Filing too many claims could cause your insurance company to drop you as a client, and the same thing can happen with small claims. You have a deductible on your homeowners insurance that must be met first before the insurance company will pay out anything, and it often doesn’t make sense to file a claim that small anyway.
Technology can also help with your insurance rates, for example your home security system. While you likely have this because you want to increase your protection, it can also help provide a discount on homeowners insurance with some insurance companies. There are other system monitoring options that can also do the same thing, such as automatic water shut-off devices.
Other Factors to Keep in Mind
Where your home is located can also have an impact on the rates you pay for homeowners insurance. While you can’t move your house to a better neighborhood, it is important to understand how location plays a role, and you can influence this by being a good steward of your property and encouraging others to do the same. Keeping your credit score in good shape can also impact the rates that you pay, and again you have influence over this as well.
Understanding your homeowners insurance for your home in Auburn, Bay City, Midland, Oscoda, Saginaw, Tawas City, MI, and the surrounding areas will make you a more savvy insurance consumer. Safeguard Insurance Agency is your partner in finding the most affordable homeowners insurance for your situation. Contact us today to schedule a review of your current insurance and learn how your home insurance works for you.