How to Decrease Your Property Premium
An area for possible premium reduction is to increase deductibles and review your coverages. However, there are other factors that you may not realize could lower your premium.
Make sure your agent is informed of any updates you may have made to your home. Some updates qualify for a reduction in premium. For instance, roofing updates often yield large reductions in premium, especially when they are supported by a wind mitigation report.
A wind mitigation inspection looks at the features of your home that limit the damage that intense winds could cause. The cost is around $100 and 90% of the inspection is exterior. In fact, if you have attic access in your garage, the inspector will not have to enter your home at all.
To view a blank wind mitigation form, click here. As you can see, there are many components to wind mitigation inspections, so the only way to know what your discount will be is to have an inspection done on your home.
For wind mitigation features explained, check out our blog on the topic: https://www.darrschackowinsurance.com/blog/wind-mitigation-features-explained.aspx.
To find a home inspector near you, visit https://www.homeinspector.org/.
If you have an older home and the plumbing, electrical and roofing have all been updated in the past 15 years this makes it easier to review other carrier options, especially if supported by a 4 Point Inspection.
Contact us or get a homeowners insurance quote now.
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