Your homeowners insurance policy that is! How many people think to
check their policy each year? I do, I do! I started doing this a few
years ago. I would call up my wonderful insurance agent and have her
check and see if I could get a lower rate or if I had the right amount
of coverage. One year I actually saved $800 by doing this. Granted, I
had to get a 4 point inspection which cost me $99 but I was still ahead
of the game after that.
There are so many factors that can affect your insurance that you may
not even think about. Did you know that if you do any renovations or
remodeling, you may need to increase the replacement cost on your
policy? Or that you can get a discount for having a security system? Or
that your insurance carrier can cancel your policy if they find out you
have a certain breed of dog? One of my insurance pros even told me
that in the insurance "slow season," which apparently is in the fall,
insurance companies send out their employees to do random drive-bys of
your house to check on things. They are looking for that cute little
puppy you adopted a few months ago who is now an 80 lb "vicious breed."
Or the big one, the dreaded trampoline (dun, dun, dun, duh!). If you
want to get your home owners insurance policy canceled faster than you
can say "jump," go ahead and get one of those things. You may see fun
times in the yard watching your kids bounce around like kangaroos, but
your insurance company sees a bunch of broken necks and lawsuits.
So my advice to you is, have your insurance agent check your policy once
a year. Be sure to tell them you are looking to get a lower rate and
have them shop it for you. Feel free to contact me if you need a good
agent. I work with several that are excellent and would be happy to
help you review your policy.
As always, you can reach me at:
Nicola Hughes
Hughes Homes Realty
407-557-8775
nicola@hugheshomesrealty.com
HughesHomesRealty.com
