The answer is YES, a home security system can help lower the premium on your homeowner's policy. That is very important to most people. When you think of home security, don't think of it as just a way to lower the premium, but think of it as a way to better protect your family and your investment in the home itself.
The area known as the Eastern Shore here in southern Alabama ranks as the #1 fastest growing area in the state! It goes without saying that this is prime territory for new homeowners, home builders and contractors alike. If one of those three categories describes you, then it’s very likely that you can find some useful information in this post.
If you live near the coast, a large lake, or another body of water, you are probably well aware that summer is fast approaching. This means taking the boat out for family time, fishing, and water sports. It is important to make sure everything is in order before you set sail. Most of the essentials include making sure the boat actually runs, the lights work, the horn functions properly, and you have enough life jackets. These are some of the items you may consider first, but is your boat insurance a top priority? It should be, and so should the coverages that are on your policy! Make sure you have the coverages you and your family need so you can hit the water with confidence this summer! Confidence in your insurance that is!
Low monthly or annual payments sound good. The only problem with that is depending on the amount of your deductible, all that money you thought you were “saving” by raising the deductible, could be gone the moment you have to pay out of pocket for a claim. Down in Spanish Fort, AL we have the threat of what’s called a hurricane! It’s not an issue of IF we will have another, IT’S WHEN! So that 10% deductible makes that premium amount look great, but if your home is worth $200,000, and your deductible is 10%, then you’ll have to pay $20,000 before insurance will ever kick in! Let that soak in before you start thinking about jacking up your deductible.
You have a personal advisor for your IRA’s, investments, health, and wellness, etc., so why would you not have one for your insurance. You spend a lot of money every year on insurance, and it’s important to have an agent that you can talk to when you want or need too. This is not necessarily possible for consumers looking to purchase insurance online. There is a certain degree of trust that comes with sitting down and talking with someone face-to-face. On top of having built a personal relationship with your agent, your policies will also be periodically reviewed so you can be assured that you have the most competitive rates and coverage for when times get tough.
The drone industry is perhaps one of the fastest growing industries today. Ranging from less than $100 for a small drone to fly around your yard, all the way up to, and in excess of $1,500 for drones decked out with GPS systems, state-of-the-art cameras, and MUCH more. Whether they are being used for personal pleasure or in a commercial setting, drones are everywhere. In recent months we have received several phone calls in regards to drone insurance for drones on the higher end of the price spectrum.
This is just a small list of tips that might be obvious to some, but to others, it may save them a lot of money in the long run. It doesn’t hurt to implement some extra protection. Luckily, here in Alabama we seldom have to deal with anything that is too catastrophic pertaining to cold weather. Stay warm and stay safe!