 |
 |
| |
| By: Rob Taylor, President, Taylor Group of Companies |
Most homeowners pay high premiums for home insurance and still don’t get
enough coverage. Are you aware that there are lots of ways to save
hundreds
of dollars each year, while still maximizing your insurance coverage? The
insurance industry is experiencing a shift from a “hard market" to a “soft
market". This is good news for homeowners. In a hard or inflexible market,
your premiums increase no matter who your insurance provider is. In a soft
market, insurance companies aggressively compete for your business by
offering lower premiums. It’s a good idea to ask your insurance broker how
you can get the best possible home insurance rates. Make Your
Insurance Policy Work For You Knowing exactly what to look for when
choosing your home insurance policy and what discounts are available to
you
will ensure you get the most for your money. Here are some valuable tips
to
help you save on your monthly home insurance premiums: Maintaining
your home with upgrades such as a new roof, wiring, plumbing or a new
heating system can help reduce your insurance risk and your premiums.
Presenting a small claim to your insurance company could result in an
increase in your deductible and the loss of a Claims Free Discount on your
next
renewal. Investing in a ULC-approved monitored alarm system will
lower
your premium by up to 15% and will also provide you with greater peace of
mind. Taking advantage of multi-line discounts could save you 10%
to15% each year when insuring your car and home with one company.
Informing your broker that you are a non-smoker and/or mortgage-free
might make you eligible for further savings. Letting your broker know
that you’ve turned 40 might qualify you for scaled discounts available to
those
between 40 and 65 years of age. If you’d like to find out how you can
reduce your home insurance premiums, contact Taylor Group of Companies
at
723-4730, for a no-obligation quote. Unlike many direct carriers, we
guarantee
you’ll be dealing with the same representative each time you call. Taylor
Group
of Companies offers comprehensive well-priced products along with a
quality of
service you can count on. As President, I guarantee it! |
| |
|
|
|
|
