How to Find Affordable Homeowners Insurance: Tips from the Experts (PPT) By Floyd Arthur http://carmoongroup.com

1. How to Find Affordable
Homeowner’s Insurance:
Tips from the Experts
By Floyd Arthur

2. Shopping for affordable
homeowner’s insurance can
be a bit of a challenge. There
are so

3. many companies to choose
from and so many policy
forms, many homeowners
find it

4. hard to sort through them all.
But if you want to save
money (and who doesn’t
these

5. days?) these tips from our
experts can show you how.

6. Affordable Homeowners
Insurance

7. 1. Shop Around

8. It may seem obvious, but
comparison shopping is a
good way to find the most
affordable

9. homeowner’s insurance rates.
Go online or call a few
companies to get a general
cost

10. comparison, and then look
into the companies that offer
the best rates. Remember that

11. your actual rate may differ
from the online quote, so call
and speak to an agent
directly

12. before making a choice.

13. 2. Shop for Quality, Not
Just Price

14. When you’re shopping for
the most affordable
homeowner’s insurance, It’s
tempting to

15. go with the insurer who
offers you the best price. But
service and reliability are

16. important, too. Get
recommendations from
friends and family, and
search consumer

17. resources online. Once you
have narrowed your list to a
few companies, contact

18. the office of the insurance
commissioner in your state to
find information about each

19. company’s standing and
research their record of
consumer complaints.

20. 3. Bundle our Coverage

21. Once you find an insurance
company you trust, bundle
your coverage to get the best

22. rates. Many companies offer
a discount of up to 15 percent
if you buy your auto, liability

23. and homeowner’s insurance
coverage from them.

24. Staying with the same
company also pays off.
According to the Insurance
Information

25. Institute, many insurance
companies offer discounts of
up to 10 percent if you stay
with

26. them for three to five years,
and an additional 10 percent
longevity discount if you

27. maintain your coverage for
six years or more.

28. 4. Install a Security System

29. A security system provides
an extra layer of safety for
your home and family.
What’s

30. more, installing one in your
home may help you qualify
for more affordable

31. homeowner’s insurance rates.
Many companies offer
discounts of up to 25 percent
if you

32. have fire and intrusion
alarms that alert first
responders directly in the
event of an emergency.

33. Although installing a security
system can be expensive,
many companies offer a
discount

34. if you sign a contract for a
year or more. Additionally, in
many parts of the country,

35. broadband providers such as
Comcast and AT&T offer
discounted home security

36. packages and free installation
when you bundle them with
your Internet and TV.

37. 5. Make Safety
Improvements to Your Home

38. Home improvements can
sometimes spell big savings
on your homeowner’s
insurance.

39. For example, replacing an
out-of-date roof can earn you
a discount on your premiums
of

40. up to 20 percent -- more if
you live in an area where
hurricanes are commonplace.

41. Earthquake retrofitting and
upgrading old electrical
wiring and plumbing can
also make

42. your home safer and lower
your insurance rates.

43. Bear in mind, though, that
any improvement that adds
value to your home means
you

44. may need more coverage
overall. An upgraded
kitchen, for example, can add
thousands

45. to your home’s resale value,
but you’ll need to increase
your coverage to make sure
you

46. can replace it if a disaster
occurs.

47. 6. Increase Your
Deductible

48. One of the simplest ways to
make your homeowner’s
insurance more affordable is
to

49. increase your deductible.
Most policies today have a
minimum deductible of $500.
By

50. increasing that to $1000 you
can sometimes save up to 25
percent on your premiums.

51. 7. Maintain Good Credit

52. In most parts of the United
States, insurance companies
now consider your credit

53. score when determining your
insurance rates. This means
that clients with the highest

54. credit scores tend to get the
lowest premiums.

55. To get the most affordable
homeowner’s insurance,
protect your good credit by
checking

56. your credit report at least
once a year (it’s free at
Annual Credit Report.com)
and

57. disputing any inaccuracies
right away. And, of course,
pay your bills on time; keep

58. revolving credit balances
low; and only use the
amount of credit you need.

59. At Carmoon Group, we offer
you affordable homeowner’s
insurance, excess liability

60. insurance and auto insurance
tailored to your needs, so
give us a call at 516-292-3780
to

61. schedule your annual
insurance review. We are
available every weekday
from 9 a.m. to 6

62. p.m. No time to call? Contact
us online to request a free
consultation and we’ll get
back

63. to you within one
business day.

64. Visit
www.Carmoongroup.com
for FREE 30-Minute
Consultation!