If you are currently dealing with financial concerns during the pandemic, you might have problems paying bills such as your insurance and mortgage. The National Association of Insurance Commissioners asked all the states to employ plans for their clients. Each state has its way of addressing the pandemic, making it vital to view your location's specifications.
For instance, California offers a deferral for 60 days to those with premium payments since they do not cancel those with non-payment during this situation. If you are having trouble making payments, you can contact your insurer and ask for advice.
What Can We Do to Save on Home Insurance?
It is not a surprise that many people are suffering from financial constraints due to the virus. To save more on home insurance, consider the tips below:
- Shopping for a New Policy
Evaluate your current insurance and see if it suits your price. Plenty of homeowners only realize too late that their insurance policy might not be the best priced, despite having their mortgage lender or real estate agent's recommendation. The plans that you have now might not provide additional coverage, such as those for hurricanes.
- Make Your Home Safer
You can install individual systems in your homes such as fire alarms, smart home security systems, and detection devices for water leaks. These installations can significantly reduce the risks that your home might experience. These investments for a safer home will also reduce the risk of loss, making it suitable for home insurance discounts.
- Inquire About Discounts
Each company has its offer of discounts. Get as many discounts as you can that suit your insurance policy, and you might be able to save a significant amount.
We may not know what the future holds, but staying healthy has never been as crucial as it is now. Make your home safer and save on investments. Either apply for home insurance now or switch to another policy suited for your needs.
At Brad Spurgeon Insurance Agency Inc., we do our best to make sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (409) 945-4746 or Click Here to request a free quote.