Monday, September 2, 2013

Tips On Finding Affordable Home Insurance in Crow Wing County

Home owners insurance in Crow Wing County and across the nation is rising.  You should not pay full price for home insurance when there are lots of discounts out there that you may qualify for. When singing up for new insurance coverage you will be asked a series of questions that will help determine if you are eligible for any discounts. However, when it comes time for renewal those discounts may not be automatically applied so be sure to check before paying a higher price.

Here are a few more tips to help you lower your home insurance in Crow Wing County.

Multiple Policies- Insurance companies want all of your business. If you are able to move all our insurance needs such as auto policies and home insurance you may be able to save upwards of 30%. Many companies are now adding additional discounts if you carry a life insurance policy with them.

Deductible- The higher the deductible the lower your policy will cost you. If you are willing to go as high as a $10,000 deductible with plans to only use your policy for catastrophic events you could save as much as 35%.

Alarm System-If your home has an advanced monitoring system that reports to a central location and has the ability to alert first responders it can save you up to 20% on your yearly policy.

Loyalty- Insurance companies want you to hang around year to year which is why staying loyal to one company may be to your advantage.  Across the nation many home owners are saving 5% to 10% by staying with the same company.  If your rates rise you should shop around for the best possible rate.

Good Credit- It is well known that high credit scores help you obtain a lower interest rate on loans, but they can also help home insurance policy rates. Many insurance companies are checking credit reports to determine if you will likely cost them in the future.  A good credit score can help you lower your home insurance costs.

If you are looking to buy or sell a home in Crow Wing County,  contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.


Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156