Renew your Home Insurance Policy

Posted on Sunday, March 15, 2009
Filed under Home Insurance · Add Comment
Your home insurance policy is about to expire. Since the market today has gone up the value of housing, can you renegotiate a new policy?

My best advice is to call first your broker and talk it all about negotiating such policy. Find out if there are ways you can reduce your premium and save some money.

My home policy got more expensive yearly as the cost to replace my home had gone up. As well as the material costs had risen and caused the estimated cost to rebuild the home to increase. Although my insurance carrier has a program for homes, which is valued over $500k, I can claim my insurance and possibly I might have a cheaper rate.

But, I still have two weeks before I’ll pay my home insurance. Before paying, take a few minutes and call your broker, in doing so, you might negotiate an amount and reduce your premium and save you some money.

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