If you’re a homeowner, the right insurance is a key part of protecting your most valuable asset. It is also vital to protecting your lifestyle and security, as it literally covers the roof over your head.
But the homeowners insurance market is more challenging than ever. Insurance companies are choosing to pull out of some states, the cost of claims and repairs is rising, and the companies that stay in the game are often raising rates to stay competitive.
Where does that leave the average homeowner? And where does that put you, a person trying to make the best decision possible?
To answer those questions, we have put together a list of tips to help you survive and hopefully thrive in this difficult environment:
- Avoid Disqualifying Factors—Some companies look for red flags that may disqualify a home from coverage. Some of those factors may be old or damaged roofs, trampolines, some dog breeds, wood-burning stoves, accumulated junk, and more.
- Safety First—Avoiding a claim can go a long way to keeping your insurance up and running. Make an effort to keep your home as safe as possible and remove hazards that can lead to a claims situation.
- Work With Your Agent—It is our job to know the insurance market and work with you to find a solution. No website or app can replace a real person who knows you and your local area.
Source: agencyrevolution.com
