Two Easy Ways You Could Save on Home Insurance
Like a lot of people, you may be looking for ways to save on your insurance. Here are simple ways you could potentially lower your home insurance premium.
1. Increase your deductible
Consider
Typically, the higher the deductible, the lower the premium.
Understand
An increased deductible means you will be responsible for a higher out-of-pocket cost if you have a claim.
Calculate
Over time, you could end up ahead financially if your premium savings are more than the higher deductible if you have a covered claim.
Please note: if your policy includes a Roof Systems Payment Schedule for windstorm or hail losses, raising your deductible could result in limited roof coverage in the event of a covered loss.
2. Get a complete coverage review
Reviewing your coverage with an agent or insurance representative can reveal other savings opportunities.
Assess
They can review your home insurance policy and help you assess whether the amount of coverage is keeping up with your needs.
Bundle
They may recommend ways to bundle multiple policies – such as home and auto – with the same provider.
Apply
They can look for savings, such as loss-free or home safety feature discounts.
Call your local independent agent or Travelers representative today to learn about more ways you can save.
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