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6 August, 2019 0
close-up of handshake with a home in the background, save money on your home insurance

Making Your First Home Policy Affordable

Try out these suggestions to make your homeowners insurance more affordable.

If you are a first-time homebuyer, then you are probably feeling a little strapped for cash.  At this point, the last thing that you want is to pay a ton for your homeowners insurance in Los Angeles, California.  Fortunately, there are several things that you can do to save money on your home coverage.  Here are some of the money-saving suggestions that you should try.

  • Do Not Procrastinate

If you know that you need to secure home insurance, then it’s important that you start shopping around right away.  Waiting until the last minute to secure coverage will limit your policy options and could force you to choose a policy that is not right for your needs.  Additionally, it’s important to remember that the cheapest insurance is not always the best.  While choosing a cheaper policy might seem like a good money-saving strategy at the beginning, making a bad insurance decision could end up costing you thousands in the long run if your policy does not offer enough coverage to address your risks.  Bottom line, if you need coverage, take your time and choose wisely.

  • Have Your Home Inspected

Home inspections can be a powerful tool to help you save on your insurance.  When an inspector looks over your home, they can give you advice on repairs or upgrades that you can make to improve the safety of your property.  The safer your home, the lower your insurance costs will be.  So, employing your inspector’s recommendations can lead to major discounts on your home policy.

  • Establish your Insurance History

Having an existing insurance history can unlock special discounts on your new policies.  This is why you should do your best to establish a history now.  If you plan to buy a home down the line, then purchase a renters policy now.  This will help you build up your insurance credibility.  Additionally, if you lived with someone who had insurance (such as your parents) before buying your home, you can contact their insurance company to see if they will recognize the insurance history you established while living there.  While this is not a guaranteed method of building an insurance history, there is a chance that your insurer will accept this reasoning.

These are some of the things that you can do to save on your homeowners insurance in Los Angeles, California.  Do you need help securing the right home coverage for your budget?  If so, then contact the experts at Fuller Insurance Agency in Southern California.  Our dedicated team is eager to assist you with all your home coverage needs today.

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