When you are going to purchase homeowners insurance there are certain things that you should look for in a policy. You never know exactly what you need until you sit down and really examine your personal situation.

1. Tips for Success with your
Homeowners Insurance

2. Use These Tips to Help you Out When
you Go on the Hunt For an Affordable,
Quality Insurance Package

3. Tip #1: Purchasing an
insurance policy

4. Tip #1: Purchasing an insurance policy
• An insurance company that is not doing well
financially might not be able to pay your
claim in the event that you need to make
one. You should do this in a seasonal
manner once your policy is in place.
• To save money on your homeowner’s
insurance policy, make sure that your home
contains fire alarms and a fire extinguisher.
These inexpensive pieces of equipment can
not only save your life, but also may save
you up to 10 percent per year on your
insurance premium.
Before purchasing a
homeowner’s insurance
policy, investigate your
insurance company’s
financial stability.

5. Tip #2: Taking home
inventory

6. Tip #2: Taking home inventory
• Store these photos in a fireproof safe or at a
relative’s house. These photographs will
help the insurance company document your
claims, and help you get your money faster.
• Label the photos or videos with the date
they were taken. Items are often added or
removed, so check your videos once a
month to make sure they’re up to date.
• When you buy or get rid of an item you can
also put a sticky note somewhere
prominent to remind you to update the
video or photos.
After purchasing your
homeowner’s insurance
policy, go around your home
and take photographs of your
belongings so you have a
visual inventory.

7. TIP #3: Securing
replacement value insurance

8. TIP #3: Securing replacement value insurance
• This means that no matter the cost your
home will be rebuilt if a disaster were to
happen.
• Most people think this is automatic,
however, since home values increased it
probably would cost more now than what
you had originally paid for the home. This
way you are covered.
• Understand that a standard homeowner’s
insurance policy will not necessarily cover
flood and earthquake damage. If your home
is at high risk of suffering flood or
earthquake damage, you may need to
purchase special insurance coverage.
A good thing to have is
guaranteed replacement
value insurance

9. TIP #4: Choosing a lower or
higher deductible

10. TIP #4: Choosing a lower or higher deductible
• The longer your history is clear for, the
lower your premiums will be. A good
insurance customer is one that doesn’t cost
the company a lot of money, but instead
pays into their plan on time.
If you want to lower your
premiums, don’t file any
claims on your homeowner’s
insurance.
• Lower premiums result from higher
deductibles because it limits the number of
claims the insurer will be required to pay.
The cost of small fixes will fall in your lap,
but the savings will often outweigh these
costs.
If your homeowner’s insurance
premium is too high, you can
consider a policy with a higher
deductible than the one that you
currently have.

11. TIP #5: Pools and
trampolines

12. TIP #5: Pools and trampolines
• Some companies will charge as much as 10
percent more to insure a house with a pool,
trampoline or other potentially hazardous
equipment on the property.
• Defined as attractive nuisances, these
features have increased risks associated
with them can increase premium, but
following recommendations like adding a
secure fence and gate can offset the
expense somewhat.
Before installing a pool or buying
a trampoline, be sure to check
with your insurance company to
see what effect this will have on
your premiums.

13. TIP #6: Decreasing the
likelihood of a fire

14. TIP #6: Decreasing the likelihood of a fire
Advantages to smoke alarms in your house:
• It can help lower the cost of your
homeowner’s insurance.
• If you have an older house, you could save
up to 10 percent a year.
• You may also get a further discount by
putting in additional alarms throughout
your house.
You can start by buying fireproof
furniture and materials. Install
smoke detectors and fire
extinguishers.

15. TIP #7: A bonus tip for dog
owners

16. TIP #7: A bonus tip for dog owners
It’s a strange and backwards world sometimes,
but an intruder can actually sue you if your dog
attacks him. Yeah, it’s crazy, but that’s why
they have these coverage options.
If you have home insurance and
also have a dog, make sure that
you look for policy options that
cover people who may be
attacked by your dog.

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easily. Visit our website to learn about our services or call (469) 305-0010 today to
schedule your consultation.
For more information:
http://www.friscoroofer.com/2016/02/10/tips-for-success-with-your-
homeowners-insurance/