There are a lot of ways to cheaper but adequate coverage. But while many of them may save you some money, they could leave you with inadequate coverage. However, in this article, I'll take you through a few time-tested steps for paying less and at the same time maintain adequate coverage. Here they are...
1.Your credit history will make you pay more or less. You'll attract higher homeowners' insurance rates if you have a low credit rating. What your credit rating reveals is how you have handled your bills and it speaks badly about you if it's a poor one. This is a behavior that most insurance carriers believe will play out again in the way you handle your premiums. If you're considered a likely defaulter, it makes you a bigger risk and attracts more expensive premiums than otherwise.
Therefore, it will do you much good to clear all your bills once they are due. It makes it easier for you to get more affordable rates among other things.
2.Keeping a government homeowner's insurance policy could be making you spend a lot more on your home insurance than you would otherwise. It used to be quite tough to find insurers if you reside in some high crime areas or places that were affected by particular natural disasters. The only solution for such folks then was to go to a government agency that sold government homeowner's insurance. Nevertheless, at present there are a number of private insurance companies who also offer coverage for such areas.
Many may still have little or no other way of obtaining home insurance coverage apart from a government homeowner's insurance. But if your area is presently serviced by some private insurance providers you might save a lot more by switching to them.
3.Smoking raises the risk of a fire in your house. Going by what reports show, about 23,000 residential fires result from smoking. Do your best to make sure no one smokes in your home and you'll pay cheaper premiums. If you were a smoker at the time you bought your policy, you're entitled to a review if you've quit. What if your insurance company refuses to grant you discounts because some insurers don't have non-smokers discounts? Then it is time to shop for an insurance company who does except you enjoy something else to justify your continued stay with such an insurer.
4.Fit shatter-proof windows and you will attract lower rates. Therefore, replace your old windows with these especially if you reside in areas that are prone to high winds and hail storms. And as you do, remember to inform your agent. You can as well discuss with your agent first before undertaking the changes as he or she would be in a better position to advise you on how to save the most.
5.Do you know all your home insurance policy excludes? Note that you won't get compensated for things that are excluded from your policy.
So before you settle for a low-priced rate make sure the insurer does not exclude something that is important to you. Any home insurance policy that puts you at risk is NOT really worth the paper it is written on no matter how affordable it is. Before buying ensure you know what isn't covered to avoid rude suprises.
6. Make out some time to visit not less than five insurance quotes sites that provide quotes on Washington homeowners insurance policies. Doing this will take you around 25 minutes.
As you visit each site, ensure you input the same information. Doing otherwise will produce misleading results. When you've obtained your Washington home owner insurance quotes, compare them to see which serves your interest best in price/value.
Here are my favorite quotes sites (highly recommended)...
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Home Insurance Quotes In Minutes
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