Every year you pay your home insurance premium or have it deducted from your mortgage payment, and wonder if you have a good rate. Many people purchased their first Naples home insurance policy last-minute, just to close on the sale of their home and didn
4 Key Reasons your Naples Home Insurance Premium is Higher Than it Should Be
When I meet with new clients, I can quickly identify ways to maximum discount opportunities without sacrificing coverage.Here are 4 key ways I would help to find savings on your current insurance program:
- Not receiving fire and/or burglar alarm credits
Did you recently install an alarm system in your home? You may have simply forgotten to tell your insurance agent when you originally purchased your policy. As long as your alarm system is monitored by a central station, you should be eligible for a discount on your policy.
- Are you able to pay your policy in full each year?
Avoid service and installment fees by paying your policy in full. Some carriers even offer discounts on installment plans when you elect to automatically withdraw payments from your checking account instead of receiving paper invoices by mail.
- Not receiving all carrier specific discounts
Each insurance carrier uses their own rating formula to determine your annual premium. Some may offer discounts that others will not. Sometimes, bundling home insurance coverages into packages not only offers more comprehensive protection, but lower premiums as well. Talk with your agent about your discount options.
- Not receiving Wind Mitigation discounts
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