How to Save Money on Home Insurance

Many of us have insurance to protect our homes so the following tips may be of interest to you:

Be sure to compare prices. Shopping around can save you a lot of money so it is a good idea to compare quotes.

Raise your deductible. You can reduce your premium by raising your deductible but don’t increase the amount so high that it will impossible pay it if you need to file a claim.

Insure cost, not price. Calculate your insurance amounts on the estimated cost to rebuild or repair your home, not the price you paid to buy the home.

Become a long term customer. Some insurers offer a discount to customers who keep their coverage in force for numerous years.

Bundle up your policy. It easy to get an additional discount when a  policyholder has multiple policies such as homeowner insurance and car insurance.

Check for additional discounts. Many insurance companies also offer discounts to homeowners who make their home more secure or less prone to disasters. Senior citizens and members of employee or trade associations may get discounts too.

Good credit matters. If you have a solid credit history insurers may offer you a lower price on a policy with the presumption that you will be more likely to care of the property and be unlikely to file a claim.

Stop waiting, there are many positive reasons to buy a new home now. Contact me today so I can show you why The Best Time to Buy a Home is Now!

If you have been patiently waiting to buy a Hoboken home, now is the time to do it. With low mortgage rates available, this is the opportunity you have been waiting for. Make 2010 the year you purchase your dream home. For more information contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.