Three Easy Steps To Lower Your Insurance Costs!
1. Protect Your Home
Did you know certain safety features can discount your premium at least 5%!
Install central fire alarm, burglar alarm, dead-bolt locks, a fire sprinkler system. Make sure you have up-to-date wiring, modernize your heating, plumbing and electrical systems to reduce the risk of fire and water damage. Install storm shutters, reinforce your roof, and buy stronger roofing materials to protect against hurricanes and strong wind storms.
2. Maintain a Good Credit Record
Establishing a solid credit history can cut your insurance costs. Insurers are increasingly using credit information to price homeowners insurance policies. In most states, your insurer must advise you of any adverse action, such as a higher rate, at which time you should verify the accuracy of the information on which the insurer relied. To protect your credit standing, pay your bills on time, don’t obtain more credit than you need and keep your credit balances as low as possible. Check your credit record on a regular basis and have any errors corrected promptly so that your record remains accurate.
3. Raise Your Deductible
Deductibles are the amount of money you have to pay toward a loss before your insurance company starts to pay a claim, according to the terms of your policy. The higher your deductible, the more money you can save on your premiums. Nowadays, most insurance companies recommend a deductible of at least $500. If you can afford to raise your deductible to $1,000, you may save as much as 25%.
At FIS we shop your rate for you to ensure you are receiving maximum discounts.