Everybody is always looking for a win-win situation, so here’s one that applies to home insurance. You can make your home safer with both minor and major home improvements and end up paying less for your home insurance. It may sound too good to be true, but having a safe home makes you less likely to need to file insurance claims, which saves the insurance company money–a savings that it passes on in part to you, the customer.
To make your home safer on the outside, you can add hardy building materials like fire-resistant siding. If you live in an area prone to high winds or hurricanes, such as the East Coast of Texas, storm shutters and premium shingles with a higher wind rating installed correctly can make your home safer. A heavy duty garage door can also make your home safer from break-ins and the elements. All of these exterior improvements may get you cheaper insurance rates, as long as you make your agent aware of them.
There are also improvements you can implement inside your home that can make it safer and lower your insurance rates. Installing no-burst stainless steel hoses on your washer and dryer can save you headaches and save up to ten percent on your insurance premiums. Having smoke detectors and carbon monoxide detectors in your home is required by law in Texas, but adding a burglar alarm with remote monitoring service might get you an insurance discount. Putting a leak detector on your main water line is a move that could save you even more on your home insurance. In addition, fire extinguishers will make your home safer and may save you some insurance money.
Of course, one of the best tips to save money on insurance is to shop around and compare rates. Your best bet is to get online comparative quotes from multiple insurance companies so that you can be absolutely sure that you are getting the best rate possible on your home insurance.
Leasing or financing a new vehicle can be really exciting, but make sure you know what kind of insurance you’ll be paying. It only makes sense that your insurance rates would be higher with a new vehicle than with an older one, so shop around before you finance or lease that auto. If you have a current company that your’e insured with, you can start by calling your agent. See what the difference in premium would be between the vehicle you drive now and the one that you want to buy. Get that quote in writing, and you can use it to shop for insurance with other companies before you lease or finance your new vehicle.
Any new auto that you lease or finance will have to be fully insured, so when you get quotes it’s very important that you make sure you’re getting equivalent coverage. If one insurance company is much cheaper than the rest, take the time to find out why that’s the case. You don’t want to get coverage that’s not going to protect you if you need it later down the road. That has happened to people before when they’ve taken out a cheap policy from a company that they hadn’t heard of and didn’t check out carefully.
Don’t let an insurance problem find you after you finance or lease a great new auto. When you shop for an insurer, compare apples to apples and check out each company carefully. Make sure you feel confident about the policy you’re buying. if you don’t feel comfortable with a particular insurer, there’s nothing wrong with choosing to pay a little more to get the peace of mind that you want. In the long run, that extra time spent looking for the right insurance policy for your new auto may be the best investment you’ve ever made.
When it comes to your driving record, keeping it clear of any ticket is a very important step in maintaining lower insurance rates. However, there are times when things happen. You were going just a bit too fast while driving or you were charged with another moving violation. When this happens, you may incur points on your license.
Every state’s department of motor vehicles or the equivalent determines how many points you receive for each type of driving violation. The more serious the crime, the more points are added to your license. You can max out, at which point you could lose your driving privileges either through a suspension or permanently.
In most states, points remain on your license for a set period of time. If, for example, the state’s laws say points remain in place for 18 months, then it will take 18 months for those points to come off your record. If you get additional points after the first ones, it will take another 18 months for those points to drop off.
Finding Your State’s Laws
Visiting the department of motor vehicles’ website for your state can help you to determine how long this will take. In many states, it is 18 months, but it can be more or less. You can also check your driving record through the site or request a copy of it so that you always know where you stand.
The more points you have on your driving record, the more expensive auto insurance will be for you. That’s because you are more of a risk to the insurance company. If you have a few points, it may be a good idea to shop around for a new insurance provider. Some work specifically with those who have poor driving records and need a second chance.
When you work with an independent insurance agency, you’ll be able to navigate your options and find the best insurance provider in your area. Even when you get a ticket, you can feel protected from your policy if you have the right one.
Based on several studies supporting the presumption, married couples are generally granted lower auto insurance rates due to the fact that they are typically more responsible, less likely to drive recklessly, and less likely to encounter auto accidents and traffic violations. However, the benefit of lower insurance rates will only apply to the extent that both parties in the couple have fairly good driving records. Personal driving history will usually have the biggest impact on insurance rates, which means that getting married likely won’t reduce your insurance rates dramatically if your driving history is filled with accidents and multiple filed claims.
Although you shouldn’t expect a huge drop, your insurance rates will noticeably decrease with any positive lifestyle event that may testify to your maturity. For example, you should always notify your insurance agent when any big milestone occurs, such as graduating college or having a baby. These milestones indicate that you are much less likely to file an insurance claim, which will be rewarded by your insurance company in the form of lower premiums. Alternatively, if your fiance or spouse has a poor driving record, this could negatively affect you both in terms of your auto insurance rates. Both of your rates could further be affected if one partner continues to get tickets or get into auto accidents. For this reason, it’s important that both parties encourage one another to drive responsibly to avoid insurance hikes.
As a newly married couple, you can also receive insurance discounts by placing both of your vehicles under one policy. This would qualify you for a multi-car discount, which would result in lower rates overall. If you and your spouse have different auto insurance companies, it is always more financially beneficial to combine your auto insurance policies under one company. Another good tip is to combine all of your other insurance policies, such as homeowner’s insurance and commercial insurance, to enjoy savings on these policies as well.
You can get home insurance in many ways. As the rates vary from company to company discounts also vary. Before buying the insurance and at the time of buying insurance there are lot of things to keep in mind. The below guide will help you know about home insurance.
- Take as many quotes as possible before buying the insurance policy. There are many companies which provide you with good coverages and best rates. With the help of insurance agents and insurance company representatives, you can clear your doubts regarding the policy.
- You can pay the premium amount in different ways. The method would be paying the amount in one shot or in advance. If the payment is done in one shot, you will usually get a discount.
- Document your household inventory. You should have records of all the things that is in your home if something like flood, fire or any other disaster takes place. Always keep the documents in water and fire protected place and keep a copy of the document in bank or at friend’s place who is trust worthy.
- Keep reviewing your coverages and check the new rates once in a year. Several things keep changing every year and this could make a great difference to the yearly rate. See to that you intimate your insurance agent about the changes in your lifestyle.
- Insurance companies look forward for those homes which have more security system. Make sure that you have proper safety protection. Install fire alarms, water sprinkler devices. Though it might take lot of money to install, later it will reduce your insurance rates.
- If your area is prone to floods or if you are staying in an area close to water you need to purchase flood insurance.
- Check out the company records through the state department of insurance for better understanding about the company. Also checkout the company financial status.
When the insurance premium is high for adults only, the premium for notorious teenage drivers will be even higher. Every teenager will face high car insurance premium till they are experienced drivers. To get really good at driving, it will take lot of time and lot of practice is required, because driving is a learned skill. While driving, new drivers will undergo many accidents and these accidents statistics will be translated into higher insurance rates for teenagers and inexperienced drivers. Teenager drivers can do a few things to reduce the insurance rates.
- Discounts for Good Grades : To get good marks, car insurance should not be the motivation. Many insurance companies charge less premium for young drivers who consistently score high marks. Poor performance in school and accidents done by the teenagers will result in higher insurance rates.
- Taking No Alcohol : Teenage drivers try to test their boundaries and hence end up paying high insurance rates. Alcohol is one of them. Combination of alcohol consumption and inexperienced driving can lead to accidents and may end up paying high insurance rates. Many schools in U.S encourage the students to sign the pledge promising to make them stay away from alcohol till they are of the legal drinking age. You will be lowered with less premiums from the insurers if you have such commitments.
- Driver Education Course : Many insurance companies give discount if the drivers have completed the driver education course, because you can learn skills which the new drivers can learn and use them to avoid accidents and dangerous situations.
- Choose a Safe Car : Your insurance rate matters on what kind of car you have no matter what your age is, but your premium will be more if inexperienced young drivers are there in the policy. Hence choosing the right car for the teenager is important.
The basic requirement which is needed by every driver is car insurance. This car insurance is required to safeguard you in unforeseen circumstances. All states in US expect that you have atleast basic car insurance that comply to the standards set by the states. Each state will have different requirements for car insurance. Some states expect you to show the documents which determine your financial capacity to handle the accidents. If you own a car, then it is strongly recommended that you should have car insurance but the premium you may have to pay will vary for each person. Premium vary due to many factors.
Before you sign on the dotted line and opt for a car insurance policy, you need to know the benefit of credit score. This is purely based on your credit history. There are many purposes behind maintaining a good score. While securing loan, finding a house, getting telephone connection, buying insurance, your credit history and hence the credit score comes in to picture. There will be a numerical ranking given by insurance companies based on individual’s credit history and is called “insurance score”. This will be considered during underwriting and finalizing your insurance rates. This all depends on how you will maintain your financial affairs. In fact it also helps you in claiming process making it smooth and quick. A good credit history will definitely fetch you those discounts on your car insurance policy.
All you have to do is just pay your credit bills on time and be in good terms with the banks giving your credit cards. Try paying the bill in full rather than in installments and keep a record of how your credit history is and do the needful to void if any errors.
Though it might not be the first thing that springs to mind when you’re in the market for a new car, if you take the time to compare auto quotes before you purchase, you’ll have a better idea of how much you’ll be spending on car insurance each month. There’s a huge difference in rates for different vehicles and it can be helpful to be aware of this before you commit to buying a car that will cost you too much to insure. For example, if you have a family, you might be considering buying an SUV – but they cost a lot to insure. Depending on where you live, a compact car or a sedan might get you a better deal in the long run.
Comparing insurance rates online
The quickest and easiest way to compare auto quotes is online. All you’ll need is your personal information such as contact details, age, profession, marital status, and driving record, and the make, model and year of the car you’re thinking of buying. Go to a trustworthy insurance comparison site like AgentInsure and fill out the online form. You’ll instantly get a number of free quotes in your mailbox that you can compare at your leisure. If you’re still deciding between two different cars, knowing what kind of a deal you can get on insurance can help you make a smart decision so you can enjoy your new car even more!
If you’re physically disabled, you’ve probably spent thousands of dollars on customizing your vehicle to make it dependable and safe for you to drive. When you’re looking for affordable vehicle insurance rates, it’s a good idea to do a vehicle insurance comparison to find out which company can offer you the best deal.
However, you need to take your customization into account with your vehicle insurance comparison. The only way to get realistic quotes is to provide the insurance companies with complete and correct information as soon as you begin your vehicle insurance comparison. You’ll probably be required to provide documentation about your car and your ability to drive, which your physician and health insurance carrier should be able to provide.
When you request quotes for your vehicle insurance comparison, be sure to account for the value of the customized features as well as for the vehicle itself, as the replacement costs of a customized vehicle are generally higher than those of a regular vehicle. Most insurance carriers have so-called riders, which are endorsements that cover all of these additional costs, though they come at a higher premium.
It’s always a good idea to contact AgentInsure to help you with your vehicle insurance comparison. AgentInsure instantly connects you with a licensed agent in your area who can help you with your vehicle insurance comparison, so you’ll have no problem finding the best deal!
What you don’t know about homeowner’s insurance could sneak up and bite you at the most inopportune moment. For example, did you know that your home’s distance from the nearest fire station can affect your insurance rates? Here are a few other sometimes surprising (sometimes not) factors that you might not be aware of.
Your Credit Rating
This is something of a controversial issue. What does your credit rating have to do with your qualification to be insured against fires and floods? Well, it goes a little beyond that. Insurance companies view your credit score as a barometer of your stability, and use it to determine if you’re a risky prospect to insure.
Having an aquarium of goldfish won’t have a negative effect on your homeowner’s insurance rates, but toss in a few piranha and all bets are off. Actually, the “dangerous breed” rule typically applies to dogs, specifically, any damage that they might cause against humans. Having a pit bull, Rottweiler, or Doberman in the family could raise your rates. Although you may be able to work with the insurance company and create a clause in the contract that specifies any damages caused by Fido won’t be covered in the policy.
As fun as it is to have one in the backyard, having a pool also comes with certain risks that will cause your insurance company to hike your rates. Although pain of heightened premiums are likely no match against the joys of the daily backyard summer dip, it never hurts to talk to your insurance rep before breaking ground.