Call Us! 305-394-3161

Home Owners Insurance

Constructive Advice About Getting Home Owner's Insurance

Many people have home owner's insurance but do not really understand the details of that means. This has become very common and is something that needs to be fixed. By reading the following article, you are not going to fall into that category. You are going to be given relevant information that will help you better understand your home insurance policy.

Most basic home owner's policies only cover jewelry for one to two thousand dollars. If your jewelry is worth more than that, you'll need to add additional coverage to your policy. This will increase your premium but is worth it in the case of theft, fire, or other losses of your items.

When speaking of "Act of God" coverage in a policy, you're actually way off track. Each disaster will be covered separately in a policy, or not at all. Policies will discuss natural disasters, such as a tornado or hurricane, being different than man-made disasters, like a fire caused by a cigarette or theft.

If you want to lower your premiums, don't file any claims on your home owner's insurance. 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.

Install smoke alarms in your home. It will not only help to protect your family in the case of a fire but it will also get you about a ten percent discount on your home insurance policy. Many newer homes already have them installed but if they are not, it is an affordable thing to add to your home.

One advantage of installing or replacing the smoke alarms in your house is that doing so 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.

Adding motion-sensitive lighting to your property will get you a nice discount on your home insurance rates. You will be reducing the home's risk of burglary and it will, in turn, reduce the amount of money that you have to pay for your home insurance premiums each year as well as increase the security of your home.

As stated at the beginning of this article, many homeowners do not understand what their home insurance policy is really about. The information given to you in the above article will help you get a better understanding of what the details of your home insurance mean for you and your family.