Many consumers have faced rapidly escalating insurance premiums on their homeowners insurance during the past few years. In some cases, consumers have experienced difficulty in procuring homeowners insurance, particularly people with several claims. However, consumers can take numerous measures to lessen the possibility of future losses, resulting in more readily available insurance down the road and more affordable premiums.
The following tips offer ways of saving premium dollars and reducing losses on your homeowners policy.
Maintain your roof in optimal condition. A quality roof inspection on a periodic basis can identify sections that need repair and thus prevent water losses. Roofing materials containing high wind resistance features should be considered in windstorm-prone areas.
Source: Copyright 2013, International Risk Management Institute, Inc.